This property might be a fair Mid-Term investment with a projected 1.56% first-year return on $56,808 initial cash invested.
1.56%
Cash On Cash
7.75%
Cap Rate
1.15
DSCR
$2,038
Rent
$74
Cashflow
Cash Flow
$2,038 income − $1,964 expenses = $74 cash flow
Investment Breakdown
|
Purchase Price
$185k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$56,808
Downpayment
20%
$36,960
Closing costs
1%
$1,848
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$2,038
Total Expenses
$1,964
Mortgage P&I
51%
$1,038
Property Taxes
8%
$166
Home Insurance
3%
$66
HOA
0%
$0
Property Management
12%
$245
CapEx
4%
$82
Vacancy
3%
$61
Maintenance
4%
$82
Other
11%
$224