This property might be a fair Mid-Term investment with a projected 7.16% first-year return on $55,464 initial cash invested.
7.16%
Cash On Cash
9.24%
Cap Rate
1.45
DSCR
$2,302
Rent
$331
Cashflow
Cash Flow
$2,302 income − $1,971 expenses = $331 cash flow
Investment Breakdown
|
Purchase Price
$178k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$55,464
Downpayment
20%
$35,680
Closing costs
1%
$1,784
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$2,302
Total Expenses
$1,971
Mortgage P&I
41%
$950
Property Taxes
8%
$181
Home Insurance
3%
$58
HOA
0%
$0
Property Management
12%
$276
CapEx
4%
$92
Vacancy
3%
$69
Maintenance
4%
$92
Other
11%
$253