This property might be a fair Mid-Term investment with a projected 9.91% first-year return on $56,178 initial cash invested.
9.91%
Cash On Cash
10.22%
Cap Rate
1.56
DSCR
$2,384
Rent
$464
Cashflow
Cash Flow
$2,384 income − $1,920 expenses = $464 cash flow
Investment Breakdown
|
Purchase Price
$182k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$56,178
Downpayment
20%
$36,360
Closing costs
1%
$1,818
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$2,384
Total Expenses
$1,920
Mortgage P&I
42%
$990
Property Taxes
1%
$22
Home Insurance
4%
$98
HOA
0%
$0
Property Management
12%
$286
CapEx
4%
$95
Vacancy
3%
$72
Maintenance
4%
$95
Other
11%
$262