This property might be a fair Mid-Term investment with a projected 2.66% first-year return on $56,913 initial cash invested.
2.66%
Cash On Cash
7.93%
Cap Rate
1.2
DSCR
$1,868
Rent
$126
Cashflow
Cash Flow
$1,868 income − $1,742 expenses = $126 cash flow
Investment Breakdown
|
Purchase Price
$185k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$56,913
Downpayment
20%
$37,060
Closing costs
1%
$1,853
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$1,868
Total Expenses
$1,742
Mortgage P&I
55%
$1,024
Property Taxes
1%
$13
Home Insurance
4%
$70
HOA
0%
$0
Property Management
12%
$224
CapEx
4%
$75
Vacancy
3%
$56
Maintenance
4%
$75
Other
11%
$205