This property might be a fair Mid-Term investment with a projected 2.69% first-year return on $55,296 initial cash invested.
2.69%
Cash On Cash
7.57%
Cap Rate
1.21
DSCR
$1,856
Rent
$124
Cashflow
Cash Flow
$1,856 income − $1,732 expenses = $124 cash flow
Investment Breakdown
|
Purchase Price
$178k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$55,296
Downpayment
20%
$35,520
Closing costs
1%
$1,776
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$1,856
Total Expenses
$1,732
Mortgage P&I
50%
$922
Property Taxes
6%
$116
Home Insurance
3%
$63
HOA
0%
$0
Property Management
12%
$223
CapEx
4%
$74
Vacancy
3%
$56
Maintenance
4%
$74
Other
11%
$204