This property might be a fair Mid-Term investment with a projected 2.04% first-year return on $57,144 initial cash invested.
2.04%
Cash On Cash
7.93%
Cap Rate
1.17
DSCR
$2,094
Rent
$97
Cashflow
Cash Flow
$2,094 income − $1,997 expenses = $97 cash flow
Investment Breakdown
|
Purchase Price
$186k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$57,144
Downpayment
20%
$37,280
Closing costs
1%
$1,864
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$2,094
Total Expenses
$1,997
Mortgage P&I
50%
$1,051
Property Taxes
8%
$171
Home Insurance
3%
$63
HOA
0%
$0
Property Management
12%
$251
CapEx
4%
$84
Vacancy
3%
$63
Maintenance
4%
$84
Other
11%
$230