This property might be a fair Mid-Term investment with a projected 2.82% first-year return on $57,102 initial cash invested.
2.82%
Cash On Cash
8.17%
Cap Rate
1.22
DSCR
$2,313
Rent
$134
Cashflow
Cash Flow
$2,313 income − $2,179 expenses = $134 cash flow
Investment Breakdown
|
Purchase Price
$186k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$57,102
Downpayment
20%
$37,240
Closing costs
1%
$1,862
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$2,313
Total Expenses
$2,179
Mortgage P&I
45%
$1,041
Property Taxes
12%
$288
Home Insurance
3%
$63
HOA
0%
$0
Property Management
12%
$278
CapEx
4%
$93
Vacancy
3%
$69
Maintenance
4%
$93
Other
11%
$254