This property might be a fair Mid-Term investment with a projected 2.58% first-year return on $55,275 initial cash invested.
2.58%
Cash On Cash
7.96%
Cap Rate
1.2
DSCR
$1,958
Rent
$119
Cashflow
Cash Flow
$1,958 income − $1,839 expenses = $119 cash flow
Investment Breakdown
|
Purchase Price
$178k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$55,275
Downpayment
20%
$35,500
Closing costs
1%
$1,775
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$1,958
Total Expenses
$1,839
Mortgage P&I
50%
$981
Property Taxes
7%
$135
Home Insurance
3%
$58
HOA
0%
$0
Property Management
12%
$235
CapEx
4%
$78
Vacancy
3%
$59
Maintenance
4%
$78
Other
11%
$215