This property might be a fair Mid-Term investment with a projected 4.95% first-year return on $55,737 initial cash invested.
4.95%
Cash On Cash
8.69%
Cap Rate
1.31
DSCR
$2,022
Rent
$230
Cashflow
Cash Flow
$2,022 income − $1,792 expenses = $230 cash flow
Investment Breakdown
|
Purchase Price
$180k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$55,737
Downpayment
20%
$35,940
Closing costs
1%
$1,797
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$2,022
Total Expenses
$1,792
Mortgage P&I
49%
$990
Property Taxes
2%
$35
Home Insurance
4%
$79
HOA
0%
$0
Property Management
12%
$243
CapEx
4%
$81
Vacancy
3%
$61
Maintenance
4%
$81
Other
11%
$222