This property might be a fair Mid-Term investment with a projected 9.43% first-year return on $55,968 initial cash invested.
9.43%
Cash On Cash
10.1%
Cap Rate
1.55
DSCR
$2,474
Rent
$440
Cashflow
Cash Flow
$2,474 income − $2,034 expenses = $440 cash flow
Investment Breakdown
|
Purchase Price
$181k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$55,968
Downpayment
20%
$36,160
Closing costs
1%
$1,808
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$2,474
Total Expenses
$2,034
Mortgage P&I
40%
$982
Property Taxes
6%
$146
Home Insurance
3%
$65
HOA
0%
$0
Property Management
12%
$297
CapEx
4%
$99
Vacancy
3%
$74
Maintenance
4%
$99
Other
11%
$272