This property might be a fair Mid-Term investment with a projected 4.47% first-year return on $55,779 initial cash invested.
4.47%
Cash On Cash
8.52%
Cap Rate
1.31
DSCR
$2,268
Rent
$208
Cashflow
Cash Flow
$2,268 income − $2,060 expenses = $208 cash flow
Investment Breakdown
|
Purchase Price
$180k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$55,779
Downpayment
20%
$35,980
Closing costs
1%
$1,799
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$2,268
Total Expenses
$2,060
Mortgage P&I
43%
$978
Property Taxes
11%
$241
Home Insurance
3%
$70
HOA
0%
$0
Property Management
12%
$272
CapEx
4%
$91
Vacancy
3%
$68
Maintenance
4%
$91
Other
11%
$249