This property might be a fair Mid-Term investment with a projected 2.67% first-year return on $56,661 initial cash invested.
2.67%
Cash On Cash
8.1%
Cap Rate
1.2
DSCR
$2,040
Rent
$126
Cashflow
Cash Flow
$2,040 income − $1,914 expenses = $126 cash flow
Investment Breakdown
|
Purchase Price
$184k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$56,661
Downpayment
20%
$36,820
Closing costs
1%
$1,841
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$2,040
Total Expenses
$1,914
Mortgage P&I
51%
$1,035
Property Taxes
6%
$119
Home Insurance
3%
$66
HOA
0%
$0
Property Management
12%
$245
CapEx
4%
$82
Vacancy
3%
$61
Maintenance
4%
$82
Other
11%
$224