This property might be a fair Mid-Term investment with a projected 8.82% first-year return on $56,451 initial cash invested.
8.82%
Cash On Cash
10.08%
Cap Rate
1.52
DSCR
$2,781
Rent
$415
Cashflow
Cash Flow
$2,781 income − $2,366 expenses = $415 cash flow
Investment Breakdown
|
Purchase Price
$183k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$56,451
Downpayment
20%
$36,620
Closing costs
1%
$1,831
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$2,781
Total Expenses
$2,366
Mortgage P&I
36%
$1,012
Property Taxes
12%
$344
Home Insurance
2%
$65
HOA
0%
$0
Property Management
12%
$334
CapEx
4%
$111
Vacancy
3%
$83
Maintenance
4%
$111
Other
11%
$306