This property might be a fair Mid-Term investment with a projected 5.13% first-year return on $55,464 initial cash invested.
5.13%
Cash On Cash
8.95%
Cap Rate
1.32
DSCR
$2,206
Rent
$237
Cashflow
Cash Flow
$2,206 income − $1,969 expenses = $237 cash flow
Investment Breakdown
|
Purchase Price
$178k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$55,464
Downpayment
20%
$35,680
Closing costs
1%
$1,784
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$2,206
Total Expenses
$1,969
Mortgage P&I
46%
$1,006
Property Taxes
7%
$147
Home Insurance
3%
$66
HOA
0%
$0
Property Management
12%
$265
CapEx
4%
$88
Vacancy
3%
$66
Maintenance
4%
$88
Other
11%
$243