This property might be a fair Mid-Term investment with a projected 3.21% first-year return on $56,010 initial cash invested.
3.21%
Cash On Cash
7.83%
Cap Rate
1.25
DSCR
$2,196
Rent
$150
Cashflow
Cash Flow
$2,196 income − $2,046 expenses = $150 cash flow
Investment Breakdown
|
Purchase Price
$181k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$56,010
Downpayment
20%
$36,200
Closing costs
1%
$1,810
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$2,196
Total Expenses
$2,046
Mortgage P&I
43%
$943
Property Taxes
13%
$292
Home Insurance
3%
$63
HOA
0%
$0
Property Management
12%
$264
CapEx
4%
$88
Vacancy
3%
$66
Maintenance
4%
$88
Other
11%
$242