This property might be a fair Mid-Term investment with a projected 2.09% first-year return on $55,779 initial cash invested.
2.09%
Cash On Cash
7.87%
Cap Rate
1.18
DSCR
$1,996
Rent
$97
Cashflow
Cash Flow
$1,996 income − $1,899 expenses = $97 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
$1,996
Total Expenses
$1,899
Mortgage P&I
50%
$1,003
Property Taxes
8%
$153
Home Insurance
3%
$63
HOA
0%
$0
Property Management
12%
$240
CapEx
4%
$80
Vacancy
3%
$60
Maintenance
4%
$80
Other
11%
$220