This property might be a fair Mid-Term investment with a projected 2.78% first-year return on $55,779 initial cash invested.
2.78%
Cash On Cash
8.04%
Cap Rate
1.22
DSCR
$2,174
Rent
$129
Cashflow
Cash Flow
$2,174 income − $2,045 expenses = $129 cash flow
Investment Breakdown
|
Purchase Price
$180k
Downpayment
20.0%
Interest Rate
7.3%
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
$2,174
Total Expenses
$2,045
Mortgage P&I
46%
$990
Property Taxes
12%
$253
Home Insurance
3%
$63
HOA
0%
$0
Property Management
12%
$261
CapEx
4%
$87
Vacancy
3%
$65
Maintenance
4%
$87
Other
11%
$239