This property might be a fair Mid-Term investment with a projected 9.7% first-year return on $56,052 initial cash invested.
9.7%
Cash On Cash
9.85%
Cap Rate
1.58
DSCR
$2,361
Rent
$453
Cashflow
Cash Flow
$2,361 income − $1,908 expenses = $453 cash flow
Investment Breakdown
|
Purchase Price
$181k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$56,052
Downpayment
20%
$36,240
Closing costs
1%
$1,812
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$2,361
Total Expenses
$1,908
Mortgage P&I
40%
$940
Property Taxes
5%
$112
Home Insurance
2%
$54
HOA
0%
$0
Property Management
12%
$283
CapEx
4%
$94
Vacancy
3%
$71
Maintenance
4%
$94
Other
11%
$260