This property might be a fair Mid-Term investment with a projected 4.95% first-year return on $55,800 initial cash invested.
4.95%
Cash On Cash
8.85%
Cap Rate
1.32
DSCR
$2,252
Rent
$230
Cashflow
Cash Flow
$2,252 income − $2,022 expenses = $230 cash flow
Investment Breakdown
|
Purchase Price
$180k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$55,800
Downpayment
20%
$36,000
Closing costs
1%
$1,800
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$2,252
Total Expenses
$2,022
Mortgage P&I
45%
$1,007
Property Taxes
8%
$186
Home Insurance
3%
$63
HOA
0%
$0
Property Management
12%
$270
CapEx
4%
$90
Vacancy
3%
$68
Maintenance
4%
$90
Other
11%
$248