This property might be a fair Mid-Term investment with a projected 3.71% first-year return on $55,338 initial cash invested.
3.71%
Cash On Cash
8.42%
Cap Rate
1.25
DSCR
$2,060
Rent
$171
Cashflow
Cash Flow
$2,060 income − $1,889 expenses = $171 cash flow
Investment Breakdown
|
Purchase Price
$178k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$55,338
Downpayment
20%
$35,560
Closing costs
1%
$1,778
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$2,060
Total Expenses
$1,889
Mortgage P&I
48%
$995
Property Taxes
6%
$130
Home Insurance
3%
$64
HOA
0%
$0
Property Management
12%
$247
CapEx
4%
$82
Vacancy
3%
$62
Maintenance
4%
$82
Other
11%
$227