This property might be a fair Mid-Term investment with a projected 6.86% first-year return on $56,136 initial cash invested.
6.86%
Cash On Cash
9.54%
Cap Rate
1.44
DSCR
$2,942
Rent
$321
Cashflow
Cash Flow
$2,942 income − $2,621 expenses = $321 cash flow
Investment Breakdown
|
Purchase Price
$182k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$56,136
Downpayment
20%
$36,320
Closing costs
1%
$1,816
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$2,942
Total Expenses
$2,621
Mortgage P&I
34%
$1,005
Property Taxes
19%
$550
Home Insurance
2%
$65
HOA
0%
$0
Property Management
12%
$353
CapEx
4%
$118
Vacancy
3%
$88
Maintenance
4%
$118
Other
11%
$324