This property might be a fair Mid-Term investment with a projected 9.98% first-year return on $56,850 initial cash invested.
9.98%
Cash On Cash
10.52%
Cap Rate
1.54
DSCR
$2,427
Rent
$473
Cashflow
Cash Flow
$2,427 income − $1,954 expenses = $473 cash flow
Investment Breakdown
|
Purchase Price
$185k
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$56,850
Downpayment
20%
$37,000
Closing costs
1%
$1,850
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$2,427
Total Expenses
$1,954
Mortgage P&I
43%
$1,052
Property Taxes
0%
$12
Home Insurance
3%
$65
HOA
0%
$0
Property Management
12%
$291
CapEx
4%
$97
Vacancy
3%
$73
Maintenance
4%
$97
Other
11%
$267