This property might be a fair Mid-Term investment with a projected 4.98% first-year return on $56,850 initial cash invested.
4.98%
Cash On Cash
8.69%
Cap Rate
1.31
DSCR
$2,049
Rent
$236
Cashflow
Cash Flow
$2,049 income − $1,813 expenses = $236 cash flow
Investment Breakdown
|
Purchase Price
$185k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$56,850
Downpayment
20%
$37,000
Closing costs
1%
$1,850
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$2,049
Total Expenses
$1,813
Mortgage P&I
50%
$1,021
Property Taxes
2%
$31
Home Insurance
3%
$65
HOA
0%
$0
Property Management
12%
$246
CapEx
4%
$82
Vacancy
3%
$61
Maintenance
4%
$82
Other
11%
$225