This property might be a fair Mid-Term investment with a projected 7.55% first-year return on $55,926 initial cash invested.
7.55%
Cash On Cash
9.12%
Cap Rate
1.47
DSCR
$2,106
Rent
$352
Cashflow
Cash Flow
$2,106 income − $1,754 expenses = $352 cash flow
Investment Breakdown
|
Purchase Price
$181k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$55,926
Downpayment
20%
$36,120
Closing costs
1%
$1,806
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$2,106
Total Expenses
$1,754
Mortgage P&I
44%
$937
Property Taxes
2%
$36
Home Insurance
3%
$65
HOA
0%
$0
Property Management
12%
$253
CapEx
4%
$84
Vacancy
3%
$63
Maintenance
4%
$84
Other
11%
$232