This property might be a fair Mid-Term investment with a projected 5.34% first-year return on $57,102 initial cash invested.
5.34%
Cash On Cash
8.91%
Cap Rate
1.34
DSCR
$2,364
Rent
$254
Cashflow
Cash Flow
$2,364 income − $2,110 expenses = $254 cash flow
Investment Breakdown
|
Purchase Price
$186k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$57,102
Downpayment
20%
$37,240
Closing costs
1%
$1,862
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$2,364
Total Expenses
$2,110
Mortgage P&I
44%
$1,034
Property Taxes
9%
$201
Home Insurance
3%
$70
HOA
0%
$0
Property Management
12%
$284
CapEx
4%
$95
Vacancy
3%
$71
Maintenance
4%
$95
Other
11%
$260