This property might be a fair Mid-Term investment with a projected 7.99% first-year return on $55,296 initial cash invested.
7.99%
Cash On Cash
9.78%
Cap Rate
1.47
DSCR
$2,355
Rent
$368
Cashflow
Cash Flow
$2,355 income − $1,987 expenses = $368 cash flow
Investment Breakdown
|
Purchase Price
$178k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$55,296
Downpayment
20%
$35,520
Closing costs
1%
$1,776
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$2,355
Total Expenses
$1,987
Mortgage P&I
42%
$985
Property Taxes
6%
$142
Home Insurance
3%
$59
HOA
0%
$0
Property Management
12%
$283
CapEx
4%
$94
Vacancy
3%
$71
Maintenance
4%
$94
Other
11%
$259