This property might be a fair Mid-Term investment with a projected 5.59% first-year return on $55,338 initial cash invested.
5.59%
Cash On Cash
9.01%
Cap Rate
1.36
DSCR
$2,288
Rent
$258
Cashflow
Cash Flow
$2,288 income − $2,030 expenses = $258 cash flow
Investment Breakdown
|
Purchase Price
$178k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$55,338
Downpayment
20%
$35,560
Closing costs
1%
$1,778
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$2,288
Total Expenses
$2,030
Mortgage P&I
43%
$985
Property Taxes
8%
$179
Home Insurance
4%
$86
HOA
0%
$0
Property Management
12%
$275
CapEx
4%
$92
Vacancy
3%
$69
Maintenance
4%
$92
Other
11%
$252