This property might be a fair Mid-Term investment with a projected 9.87% first-year return on $55,590 initial cash invested.
9.87%
Cash On Cash
10.32%
Cap Rate
1.56
DSCR
$2,355
Rent
$457
Cashflow
Cash Flow
$2,355 income − $1,898 expenses = $457 cash flow
Investment Breakdown
|
Purchase Price
$179k
Downpayment
20.0%
Interest Rate
7.4%
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
$2,355
Total Expenses
$1,898
Mortgage P&I
42%
$988
Property Taxes
2%
$46
Home Insurance
3%
$63
HOA
0%
$0
Property Management
12%
$283
CapEx
4%
$94
Vacancy
3%
$71
Maintenance
4%
$94
Other
11%
$259