This property might be a fair Mid-Term investment with a projected 5.68% first-year return on $56,598 initial cash invested.
5.68%
Cash On Cash
9.04%
Cap Rate
1.36
DSCR
$2,403
Rent
$268
Cashflow
Cash Flow
$2,403 income − $2,135 expenses = $268 cash flow
Investment Breakdown
|
Purchase Price
$184k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$56,598
Downpayment
20%
$36,760
Closing costs
1%
$1,838
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$2,403
Total Expenses
$2,135
Mortgage P&I
42%
$1,021
Property Taxes
10%
$235
Home Insurance
3%
$63
HOA
0%
$0
Property Management
12%
$288
CapEx
4%
$96
Vacancy
3%
$72
Maintenance
4%
$96
Other
11%
$264