This property might be a fair Mid-Term investment with a projected 1.14% first-year return on $56,724 initial cash invested.
1.14%
Cash On Cash
7.42%
Cap Rate
1.13
DSCR
$1,959
Rent
$54
Cashflow
Cash Flow
$1,959 income − $1,905 expenses = $54 cash flow
Investment Breakdown
|
Purchase Price
$184k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$56,724
Downpayment
20%
$36,880
Closing costs
1%
$1,844
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$1,959
Total Expenses
$1,905
Mortgage P&I
51%
$1,008
Property Taxes
9%
$169
Home Insurance
3%
$63
HOA
0%
$0
Property Management
12%
$235
CapEx
4%
$78
Vacancy
3%
$59
Maintenance
4%
$78
Other
11%
$215