This property might be a fair Mid-Term investment with a projected 3.78% first-year return on $55,527 initial cash invested.
3.78%
Cash On Cash
8.18%
Cap Rate
1.28
DSCR
$2,194
Rent
$175
Cashflow
Cash Flow
$2,194 income − $2,019 expenses = $175 cash flow
Investment Breakdown
|
Purchase Price
$179k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$55,527
Downpayment
20%
$35,740
Closing costs
1%
$1,787
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$2,194
Total Expenses
$2,019
Mortgage P&I
44%
$955
Property Taxes
12%
$255
Home Insurance
3%
$63
HOA
0%
$0
Property Management
12%
$263
CapEx
4%
$88
Vacancy
3%
$66
Maintenance
4%
$88
Other
11%
$241