This property might be a fair Mid-Term investment with a projected 9.68% first-year return on $56,682 initial cash invested.
9.68%
Cash On Cash
10.09%
Cap Rate
1.56
DSCR
$2,532
Rent
$457
Cashflow
Cash Flow
$2,532 income − $2,075 expenses = $457 cash flow
Investment Breakdown
|
Purchase Price
$184k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$56,682
Downpayment
20%
$36,840
Closing costs
1%
$1,842
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$2,532
Total Expenses
$2,075
Mortgage P&I
39%
$991
Property Taxes
6%
$155
Home Insurance
3%
$68
HOA
0%
$0
Property Management
12%
$304
CapEx
4%
$101
Vacancy
3%
$76
Maintenance
4%
$101
Other
11%
$279