This property might be a fair Mid-Term investment with a projected 7.68% first-year return on $55,611 initial cash invested.
7.68%
Cash On Cash
9.28%
Cap Rate
1.47
DSCR
$2,204
Rent
$356
Cashflow
Cash Flow
$2,204 income − $1,848 expenses = $356 cash flow
Investment Breakdown
|
Purchase Price
$179k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$55,611
Downpayment
20%
$35,820
Closing costs
1%
$1,791
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$2,204
Total Expenses
$1,848
Mortgage P&I
43%
$941
Property Taxes
4%
$96
Home Insurance
3%
$63
HOA
0%
$0
Property Management
12%
$264
CapEx
4%
$88
Vacancy
3%
$66
Maintenance
4%
$88
Other
11%
$242