This property might be a fair Mid-Term investment with a projected 8.01% first-year return on $55,611 initial cash invested.
8.01%
Cash On Cash
9.73%
Cap Rate
1.47
DSCR
$2,283
Rent
$371
Cashflow
Cash Flow
$2,283 income − $1,912 expenses = $371 cash flow
Investment Breakdown
|
Purchase Price
$179k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$55,611
Downpayment
20%
$35,820
Closing costs
1%
$1,791
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$2,283
Total Expenses
$1,912
Mortgage P&I
43%
$990
Property Taxes
4%
$82
Home Insurance
3%
$65
HOA
0%
$0
Property Management
12%
$274
CapEx
4%
$91
Vacancy
3%
$68
Maintenance
4%
$91
Other
11%
$251