This property might be a fair Mid-Term investment with a projected 3.27% first-year return on $56,871 initial cash invested.
3.27%
Cash On Cash
8.29%
Cap Rate
1.24
DSCR
$2,314
Rent
$155
Cashflow
Cash Flow
$2,314 income − $2,159 expenses = $155 cash flow
Investment Breakdown
|
Purchase Price
$185k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$56,871
Downpayment
20%
$37,020
Closing costs
1%
$1,851
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$2,314
Total Expenses
$2,159
Mortgage P&I
45%
$1,030
Property Taxes
12%
$275
Home Insurance
3%
$66
HOA
0%
$0
Property Management
12%
$278
CapEx
4%
$93
Vacancy
3%
$69
Maintenance
4%
$93
Other
11%
$255