This property might be a fair Mid-Term investment with a projected 0.6% first-year return on $55,779 initial cash invested.
0.6%
Cash On Cash
7.23%
Cap Rate
1.11
DSCR
$1,940
Rent
$28
Cashflow
Cash Flow
$1,940 income − $1,912 expenses = $28 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
$1,940
Total Expenses
$1,912
Mortgage P&I
50%
$978
Property Taxes
11%
$211
Home Insurance
3%
$63
HOA
0%
$0
Property Management
12%
$233
CapEx
4%
$78
Vacancy
3%
$58
Maintenance
4%
$78
Other
11%
$213