This property might be a fair Mid-Term investment with a projected 7.55% first-year return on $56,094 initial cash invested.
7.55%
Cash On Cash
9.48%
Cap Rate
1.46
DSCR
$2,436
Rent
$353
Cashflow
Cash Flow
$2,436 income − $2,083 expenses = $353 cash flow
Investment Breakdown
|
Purchase Price
$181k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$56,094
Downpayment
20%
$36,280
Closing costs
1%
$1,814
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$2,436
Total Expenses
$2,083
Mortgage P&I
40%
$983
Property Taxes
9%
$208
Home Insurance
3%
$65
HOA
0%
$0
Property Management
12%
$292
CapEx
4%
$97
Vacancy
3%
$73
Maintenance
4%
$97
Other
11%
$268