This property might be a fair Mid-Term investment with a projected 5.13% first-year return on $58,950 initial cash invested.
5.13%
Cash On Cash
8.65%
Cap Rate
1.33
DSCR
$2,428
Rent
$252
Cashflow
Cash Flow
$2,428 income − $2,176 expenses = $252 cash flow
Investment Breakdown
|
Purchase Price
$195k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$58,950
Downpayment
20%
$39,000
Closing costs
1%
$1,950
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,428
Total Expenses
$2,176
Mortgage P&I
44%
$1,057
Property Taxes
9%
$226
Home Insurance
3%
$68
HOA
0%
$0
Property Management
12%
$291
CapEx
4%
$97
Vacancy
3%
$73
Maintenance
4%
$97
Other
11%
$267