This property might be a fair Mid-Term investment with a projected 1.14% first-year return on $55,947 initial cash invested.
1.14%
Cash On Cash
7.31%
Cap Rate
1.13
DSCR
$1,846
Rent
$53
Cashflow
Cash Flow
$1,846 income − $1,793 expenses = $53 cash flow
Investment Breakdown
|
Purchase Price
$181k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$55,947
Downpayment
20%
$36,140
Closing costs
1%
$1,807
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$1,846
Total Expenses
$1,793
Mortgage P&I
53%
$974
Property Taxes
7%
$126
Home Insurance
4%
$65
HOA
0%
$0
Property Management
12%
$222
CapEx
4%
$74
Vacancy
3%
$55
Maintenance
4%
$74
Other
11%
$203