This property might be a fair Mid-Term investment with a projected 2.5% first-year return on $57,039 initial cash invested.
2.5%
Cash On Cash
7.71%
Cap Rate
1.19
DSCR
$1,836
Rent
$119
Cashflow
Cash Flow
$1,836 income − $1,717 expenses = $119 cash flow
Investment Breakdown
|
Purchase Price
$186k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$57,039
Downpayment
20%
$37,180
Closing costs
1%
$1,859
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$1,836
Total Expenses
$1,717
Mortgage P&I
55%
$1,003
Property Taxes
1%
$25
Home Insurance
4%
$66
HOA
0%
$0
Property Management
12%
$220
CapEx
4%
$73
Vacancy
3%
$55
Maintenance
4%
$73
Other
11%
$202