This property might be a fair Mid-Term investment with a projected 0.97% first-year return on $56,808 initial cash invested.
0.97%
Cash On Cash
7.39%
Cap Rate
1.11
DSCR
$1,768
Rent
$46
Cashflow
Cash Flow
$1,768 income − $1,722 expenses = $46 cash flow
Investment Breakdown
|
Purchase Price
$185k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$56,808
Downpayment
20%
$36,960
Closing costs
1%
$1,848
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$1,768
Total Expenses
$1,722
Mortgage P&I
58%
$1,021
Property Taxes
2%
$34
Home Insurance
4%
$66
HOA
0%
$0
Property Management
12%
$212
CapEx
4%
$71
Vacancy
3%
$53
Maintenance
4%
$71
Other
11%
$194