This property might be a fair Mid-Term investment with a projected 6.51% first-year return on $56,199 initial cash invested.
6.51%
Cash On Cash
8.99%
Cap Rate
1.43
DSCR
$2,544
Rent
$305
Cashflow
Cash Flow
$2,544 income − $2,239 expenses = $305 cash flow
Investment Breakdown
|
Purchase Price
$182k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$56,199
Downpayment
20%
$36,380
Closing costs
1%
$1,819
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$2,544
Total Expenses
$2,239
Mortgage P&I
38%
$955
Property Taxes
13%
$339
Home Insurance
3%
$80
HOA
0%
$0
Property Management
12%
$305
CapEx
4%
$102
Vacancy
3%
$76
Maintenance
4%
$102
Other
11%
$280