This property might be a fair Mid-Term investment with a projected 3.89% first-year return on $56,703 initial cash invested.
3.89%
Cash On Cash
8.18%
Cap Rate
1.26
DSCR
$1,942
Rent
$184
Cashflow
Cash Flow
$1,942 income − $1,758 expenses = $184 cash flow
Investment Breakdown
|
Purchase Price
$184k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$56,703
Downpayment
20%
$36,860
Closing costs
1%
$1,843
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$1,942
Total Expenses
$1,758
Mortgage P&I
51%
$995
Property Taxes
2%
$36
Home Insurance
3%
$66
HOA
0%
$0
Property Management
12%
$233
CapEx
4%
$78
Vacancy
3%
$58
Maintenance
4%
$78
Other
11%
$214