This property might be a fair Mid-Term investment with a projected 6.52% first-year return on $56,829 initial cash invested.
6.52%
Cash On Cash
8.92%
Cap Rate
1.4
DSCR
$2,079
Rent
$309
Cashflow
Cash Flow
$2,079 income − $1,770 expenses = $309 cash flow
Investment Breakdown
|
Purchase Price
$185k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$56,829
Downpayment
20%
$36,980
Closing costs
1%
$1,849
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$2,079
Total Expenses
$1,770
Mortgage P&I
47%
$983
Property Taxes
1%
$16
Home Insurance
3%
$65
HOA
0%
$0
Property Management
12%
$249
CapEx
4%
$83
Vacancy
3%
$62
Maintenance
4%
$83
Other
11%
$229