This property might be a fair Mid-Term investment with a projected 8.56% first-year return on $55,401 initial cash invested.
8.56%
Cash On Cash
9.78%
Cap Rate
1.52
DSCR
$2,532
Rent
$395
Cashflow
Cash Flow
$2,532 income − $2,137 expenses = $395 cash flow
Investment Breakdown
|
Purchase Price
$178k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$55,401
Downpayment
20%
$35,620
Closing costs
1%
$1,781
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$2,532
Total Expenses
$2,137
Mortgage P&I
38%
$955
Property Taxes
10%
$258
Home Insurance
2%
$63
HOA
0%
$0
Property Management
12%
$304
CapEx
4%
$101
Vacancy
3%
$76
Maintenance
4%
$101
Other
11%
$279