This property might be a fair Mid-Term investment with a projected 4.56% first-year return on $56,850 initial cash invested.
4.56%
Cash On Cash
8.76%
Cap Rate
1.3
DSCR
$2,322
Rent
$216
Cashflow
Cash Flow
$2,322 income − $2,106 expenses = $216 cash flow
Investment Breakdown
|
Purchase Price
$185k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$56,850
Downpayment
20%
$37,000
Closing costs
1%
$1,850
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$2,322
Total Expenses
$2,106
Mortgage P&I
45%
$1,041
Property Taxes
9%
$210
Home Insurance
3%
$65
HOA
0%
$0
Property Management
12%
$279
CapEx
4%
$93
Vacancy
3%
$70
Maintenance
4%
$93
Other
11%
$255