This property might be a fair Mid-Term investment with a projected 1.92% first-year return on $56,388 initial cash invested.
1.92%
Cash On Cash
7.89%
Cap Rate
1.17
DSCR
$2,032
Rent
$90
Cashflow
Cash Flow
$2,032 income − $1,942 expenses = $90 cash flow
Investment Breakdown
|
Purchase Price
$183k
Downpayment
20.0%
Interest Rate
7.6%
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
$2,032
Total Expenses
$1,942
Mortgage P&I
51%
$1,031
Property Taxes
8%
$155
Home Insurance
3%
$65
HOA
0%
$0
Property Management
12%
$244
CapEx
4%
$81
Vacancy
3%
$61
Maintenance
4%
$81
Other
11%
$224