This property might be a fair Mid-Term investment with a projected 0.73% first-year return on $55,590 initial cash invested.
0.73%
Cash On Cash
7.36%
Cap Rate
1.11
DSCR
$1,948
Rent
$34
Cashflow
Cash Flow
$1,948 income − $1,914 expenses = $34 cash flow
Investment Breakdown
|
Purchase Price
$179k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$55,590
Downpayment
20%
$35,800
Closing costs
1%
$1,790
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$1,948
Total Expenses
$1,914
Mortgage P&I
51%
$986
Property Taxes
10%
$203
Home Insurance
3%
$63
HOA
0%
$0
Property Management
12%
$234
CapEx
4%
$78
Vacancy
3%
$58
Maintenance
4%
$78
Other
11%
$214