This property might be a fair Mid-Term investment with a projected 9.36% first-year return on $56,787 initial cash invested.
9.36%
Cash On Cash
10.23%
Cap Rate
1.54
DSCR
$2,736
Rent
$443
Cashflow
Cash Flow
$2,736 income − $2,293 expenses = $443 cash flow
Investment Breakdown
|
Purchase Price
$185k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$56,787
Downpayment
20%
$36,940
Closing costs
1%
$1,847
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$2,736
Total Expenses
$2,293
Mortgage P&I
37%
$1,022
Property Taxes
10%
$272
Home Insurance
3%
$70
HOA
0%
$0
Property Management
12%
$328
CapEx
4%
$109
Vacancy
3%
$82
Maintenance
4%
$109
Other
11%
$301