This property might be a fair Mid-Term investment with a projected 3.43% first-year return on $56,010 initial cash invested.
3.43%
Cash On Cash
8.31%
Cap Rate
1.24
DSCR
$2,134
Rent
$160
Cashflow
Cash Flow
$2,134 income − $1,974 expenses = $160 cash flow
Investment Breakdown
|
Purchase Price
$181k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$56,010
Downpayment
20%
$36,200
Closing costs
1%
$1,810
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$2,134
Total Expenses
$1,974
Mortgage P&I
47%
$1,008
Property Taxes
8%
$175
Home Insurance
3%
$66
HOA
0%
$0
Property Management
12%
$256
CapEx
4%
$85
Vacancy
3%
$64
Maintenance
4%
$85
Other
11%
$235