This property might be a fair Mid-Term investment with a projected 4.55% first-year return on $55,674 initial cash invested.
4.55%
Cash On Cash
8.73%
Cap Rate
1.29
DSCR
$2,158
Rent
$211
Cashflow
Cash Flow
$2,158 income − $1,947 expenses = $211 cash flow
Investment Breakdown
|
Purchase Price
$179k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$55,674
Downpayment
20%
$35,880
Closing costs
1%
$1,794
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$2,158
Total Expenses
$1,947
Mortgage P&I
47%
$1,008
Property Taxes
7%
$141
Home Insurance
3%
$65
HOA
0%
$0
Property Management
12%
$259
CapEx
4%
$86
Vacancy
3%
$65
Maintenance
4%
$86
Other
11%
$237