This property might be a fair Mid-Term investment with a projected 5.57% first-year return on $56,409 initial cash invested.
5.57%
Cash On Cash
8.79%
Cap Rate
1.35
DSCR
$2,152
Rent
$262
Cashflow
Cash Flow
$2,152 income − $1,890 expenses = $262 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
$2,152
Total Expenses
$1,890
Mortgage P&I
46%
$992
Property Taxes
4%
$82
Home Insurance
4%
$84
HOA
0%
$0
Property Management
12%
$258
CapEx
4%
$86
Vacancy
3%
$65
Maintenance
4%
$86
Other
11%
$237