This property might be a fair Mid-Term investment with a projected 0.19% first-year return on $55,779 initial cash invested.
0.19%
Cash On Cash
7.15%
Cap Rate
1.09
DSCR
$2,094
Rent
$9
Cashflow
Cash Flow
$2,094 income − $2,085 expenses = $9 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
$2,094
Total Expenses
$2,085
Mortgage P&I
47%
$979
Property Taxes
16%
$331
Home Insurance
3%
$63
HOA
0%
$0
Property Management
12%
$251
CapEx
4%
$84
Vacancy
3%
$63
Maintenance
4%
$84
Other
11%
$230