This property might be a fair Mid-Term investment with a projected 9.77% first-year return on $56,745 initial cash invested.
9.77%
Cash On Cash
10.29%
Cap Rate
1.55
DSCR
$2,516
Rent
$462
Cashflow
Cash Flow
$2,516 income − $2,054 expenses = $462 cash flow
Investment Breakdown
|
Purchase Price
$185k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$56,745
Downpayment
20%
$36,900
Closing costs
1%
$1,845
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$2,516
Total Expenses
$2,054
Mortgage P&I
41%
$1,019
Property Taxes
4%
$113
Home Insurance
3%
$66
HOA
0%
$0
Property Management
12%
$302
CapEx
4%
$101
Vacancy
3%
$75
Maintenance
4%
$101
Other
11%
$277