This property might be a fair Mid-Term investment with a projected 3.07% first-year return on $56,325 initial cash invested.
3.07%
Cash On Cash
7.91%
Cap Rate
1.23
DSCR
$1,976
Rent
$144
Cashflow
Cash Flow
$1,976 income − $1,832 expenses = $144 cash flow
Investment Breakdown
|
Purchase Price
$183k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$56,325
Downpayment
20%
$36,500
Closing costs
1%
$1,825
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$1,976
Total Expenses
$1,832
Mortgage P&I
50%
$980
Property Taxes
6%
$117
Home Insurance
3%
$64
HOA
0%
$0
Property Management
12%
$237
CapEx
4%
$79
Vacancy
3%
$59
Maintenance
4%
$79
Other
11%
$217