This property might be a fair Mid-Term investment with a projected 9.35% first-year return on $57,123 initial cash invested.
9.35%
Cash On Cash
10.24%
Cap Rate
1.53
DSCR
$2,666
Rent
$445
Cashflow
Cash Flow
$2,666 income − $2,221 expenses = $445 cash flow
Investment Breakdown
|
Purchase Price
$186k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$57,123
Downpayment
20%
$37,260
Closing costs
1%
$1,863
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$2,666
Total Expenses
$2,221
Mortgage P&I
39%
$1,037
Property Taxes
8%
$203
Home Insurance
3%
$74
HOA
0%
$0
Property Management
12%
$320
CapEx
4%
$107
Vacancy
3%
$80
Maintenance
4%
$107
Other
11%
$293