This property might be a fair Mid-Term investment with a projected 6.46% first-year return on $56,850 initial cash invested.
6.46%
Cash On Cash
8.82%
Cap Rate
1.41
DSCR
$2,157
Rent
$306
Cashflow
Cash Flow
$2,157 income − $1,851 expenses = $306 cash flow
Investment Breakdown
|
Purchase Price
$185k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$56,850
Downpayment
20%
$37,000
Closing costs
1%
$1,850
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$2,157
Total Expenses
$1,851
Mortgage P&I
45%
$967
Property Taxes
4%
$86
Home Insurance
3%
$65
HOA
0%
$0
Property Management
12%
$259
CapEx
4%
$86
Vacancy
3%
$65
Maintenance
4%
$86
Other
11%
$237