This property might be a fair Mid-Term investment with a projected 9.26% first-year return on $55,590 initial cash invested.
9.26%
Cash On Cash
10.2%
Cap Rate
1.52
DSCR
$2,276
Rent
$429
Cashflow
Cash Flow
$2,276 income − $1,847 expenses = $429 cash flow
Investment Breakdown
|
Purchase Price
$179k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$55,590
Downpayment
20%
$35,800
Closing costs
1%
$1,790
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$2,276
Total Expenses
$1,847
Mortgage P&I
44%
$1,001
Property Taxes
0%
$10
Home Insurance
3%
$63
HOA
0%
$0
Property Management
12%
$273
CapEx
4%
$91
Vacancy
3%
$68
Maintenance
4%
$91
Other
11%
$250