This property might be a fair Mid-Term investment with a projected 4.04% first-year return on $56,430 initial cash invested.
4.04%
Cash On Cash
8.26%
Cap Rate
1.29
DSCR
$2,270
Rent
$190
Cashflow
Cash Flow
$2,270 income − $2,080 expenses = $190 cash flow
Investment Breakdown
|
Purchase Price
$183k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$56,430
Downpayment
20%
$36,600
Closing costs
1%
$1,830
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$2,270
Total Expenses
$2,080
Mortgage P&I
43%
$979
Property Taxes
12%
$264
Home Insurance
3%
$65
HOA
0%
$0
Property Management
12%
$272
CapEx
4%
$91
Vacancy
3%
$68
Maintenance
4%
$91
Other
11%
$250