This property might be a fair Mid-Term investment with a projected 5.74% first-year return on $56,829 initial cash invested.
5.74%
Cash On Cash
9.07%
Cap Rate
1.35
DSCR
$2,236
Rent
$272
Cashflow
Cash Flow
$2,236 income − $1,964 expenses = $272 cash flow
Investment Breakdown
|
Purchase Price
$185k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$56,829
Downpayment
20%
$36,980
Closing costs
1%
$1,849
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$2,236
Total Expenses
$1,964
Mortgage P&I
46%
$1,037
Property Taxes
5%
$103
Home Insurance
3%
$65
HOA
0%
$0
Property Management
12%
$268
CapEx
4%
$89
Vacancy
3%
$67
Maintenance
4%
$89
Other
11%
$246