This property might be a fair Mid-Term investment with a projected 8.77% first-year return on $55,695 initial cash invested.
8.77%
Cash On Cash
9.87%
Cap Rate
1.51
DSCR
$2,358
Rent
$407
Cashflow
Cash Flow
$2,358 income − $1,951 expenses = $407 cash flow
Investment Breakdown
|
Purchase Price
$180k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$55,695
Downpayment
20%
$35,900
Closing costs
1%
$1,795
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$2,358
Total Expenses
$1,951
Mortgage P&I
41%
$975
Property Taxes
5%
$110
Home Insurance
3%
$65
HOA
0%
$0
Property Management
12%
$283
CapEx
4%
$94
Vacancy
3%
$71
Maintenance
4%
$94
Other
11%
$259