This property might be a fair Mid-Term investment with a projected 7.02% first-year return on $56,409 initial cash invested.
7.02%
Cash On Cash
9.28%
Cap Rate
1.43
DSCR
$2,298
Rent
$330
Cashflow
Cash Flow
$2,298 income − $1,968 expenses = $330 cash flow
Investment Breakdown
|
Purchase Price
$183k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$56,409
Downpayment
20%
$36,580
Closing costs
1%
$1,829
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$2,298
Total Expenses
$1,968
Mortgage P&I
43%
$992
Property Taxes
7%
$150
Home Insurance
2%
$44
HOA
0%
$0
Property Management
12%
$276
CapEx
4%
$92
Vacancy
3%
$69
Maintenance
4%
$92
Other
11%
$253