This property might be a fair Mid-Term investment with a projected 4.28% first-year return on $55,779 initial cash invested.
4.28%
Cash On Cash
8.32%
Cap Rate
1.28
DSCR
$1,914
Rent
$199
Cashflow
Cash Flow
$1,914 income − $1,715 expenses = $199 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
$1,914
Total Expenses
$1,715
Mortgage P&I
51%
$972
Property Taxes
1%
$28
Home Insurance
3%
$63
HOA
0%
$0
Property Management
12%
$230
CapEx
4%
$77
Vacancy
3%
$57
Maintenance
4%
$77
Other
11%
$211