This property might be a fair Mid-Term investment with a projected 1.48% first-year return on $55,779 initial cash invested.
1.48%
Cash On Cash
7.71%
Cap Rate
1.14
DSCR
$1,918
Rent
$69
Cashflow
Cash Flow
$1,918 income − $1,849 expenses = $69 cash flow
Investment Breakdown
|
Purchase Price
$180k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$55,779
Downpayment
20%
$35,980
Closing costs
1%
$1,799
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$1,918
Total Expenses
$1,849
Mortgage P&I
53%
$1,010
Property Taxes
6%
$123
Home Insurance
3%
$63
HOA
0%
$0
Property Management
12%
$230
CapEx
4%
$77
Vacancy
3%
$58
Maintenance
4%
$77
Other
11%
$211