This property might be a fair Mid-Term investment with a projected 8.53% first-year return on $57,270 initial cash invested.
8.53%
Cash On Cash
10.04%
Cap Rate
1.49
DSCR
$2,674
Rent
$407
Cashflow
Cash Flow
$2,674 income − $2,267 expenses = $407 cash flow
Investment Breakdown
|
Purchase Price
$187k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$57,270
Downpayment
20%
$37,400
Closing costs
1%
$1,870
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$2,674
Total Expenses
$2,267
Mortgage P&I
39%
$1,051
Property Taxes
9%
$237
Home Insurance
3%
$70
HOA
0%
$0
Property Management
12%
$321
CapEx
4%
$107
Vacancy
3%
$80
Maintenance
4%
$107
Other
11%
$294