This property might be a fair Mid-Term investment with a projected 6.35% first-year return on $55,779 initial cash invested.
6.35%
Cash On Cash
9.15%
Cap Rate
1.39
DSCR
$2,205
Rent
$295
Cashflow
Cash Flow
$2,205 income − $1,910 expenses = $295 cash flow
Investment Breakdown
|
Purchase Price
$180k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$55,779
Downpayment
20%
$35,980
Closing costs
1%
$1,799
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$2,205
Total Expenses
$1,910
Mortgage P&I
45%
$988
Property Taxes
5%
$109
Home Insurance
3%
$63
HOA
0%
$0
Property Management
12%
$265
CapEx
4%
$88
Vacancy
3%
$66
Maintenance
4%
$88
Other
11%
$243