This property might be a fair Mid-Term investment with a projected 9.05% first-year return on $56,325 initial cash invested.
9.05%
Cash On Cash
9.71%
Cap Rate
1.54
DSCR
$2,326
Rent
$425
Cashflow
Cash Flow
$2,326 income − $1,901 expenses = $425 cash flow
Investment Breakdown
|
Purchase Price
$183k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$56,325
Downpayment
20%
$36,500
Closing costs
1%
$1,825
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$2,326
Total Expenses
$1,901
Mortgage P&I
41%
$959
Property Taxes
3%
$71
Home Insurance
3%
$80
HOA
0%
$0
Property Management
12%
$279
CapEx
4%
$93
Vacancy
3%
$70
Maintenance
4%
$93
Other
11%
$256