This property might be a fair Mid-Term investment with a projected 9.63% first-year return on $56,703 initial cash invested.
9.63%
Cash On Cash
10.54%
Cap Rate
1.55
DSCR
$2,960
Rent
$455
Cashflow
Cash Flow
$2,960 income − $2,505 expenses = $455 cash flow
Investment Breakdown
|
Purchase Price
$184k
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$56,703
Downpayment
20%
$36,860
Closing costs
1%
$1,843
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$2,960
Total Expenses
$2,505
Mortgage P&I
35%
$1,046
Property Taxes
13%
$383
Home Insurance
2%
$70
HOA
0%
$0
Property Management
12%
$355
CapEx
4%
$118
Vacancy
3%
$89
Maintenance
4%
$118
Other
11%
$326