This property might be a fair Mid-Term investment with a projected 8.66% first-year return on $56,388 initial cash invested.
8.66%
Cash On Cash
10.17%
Cap Rate
1.49
DSCR
$2,546
Rent
$407
Cashflow
Cash Flow
$2,546 income − $2,139 expenses = $407 cash flow
Investment Breakdown
|
Purchase Price
$183k
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$56,388
Downpayment
20%
$36,560
Closing costs
1%
$1,828
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$2,546
Total Expenses
$2,139
Mortgage P&I
41%
$1,040
Property Taxes
7%
$168
Home Insurance
3%
$65
HOA
0%
$0
Property Management
12%
$306
CapEx
4%
$102
Vacancy
3%
$76
Maintenance
4%
$102
Other
11%
$280