This property might be a fair Mid-Term investment with a projected 2.87% first-year return on $56,850 initial cash invested.
2.87%
Cash On Cash
8.01%
Cap Rate
1.21
DSCR
$1,928
Rent
$136
Cashflow
Cash Flow
$1,928 income − $1,792 expenses = $136 cash flow
Investment Breakdown
|
Purchase Price
$185k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$56,850
Downpayment
20%
$37,000
Closing costs
1%
$1,850
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$1,928
Total Expenses
$1,792
Mortgage P&I
53%
$1,022
Property Taxes
3%
$50
Home Insurance
3%
$65
HOA
0%
$0
Property Management
12%
$231
CapEx
4%
$77
Vacancy
3%
$58
Maintenance
4%
$77
Other
11%
$212