This property might be a fair Mid-Term investment with a projected 2.05% first-year return on $56,661 initial cash invested.
2.05%
Cash On Cash
7.94%
Cap Rate
1.18
DSCR
$2,132
Rent
$97
Cashflow
Cash Flow
$2,132 income − $2,035 expenses = $97 cash flow
Investment Breakdown
|
Purchase Price
$184k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$56,661
Downpayment
20%
$36,820
Closing costs
1%
$1,841
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$2,132
Total Expenses
$2,035
Mortgage P&I
49%
$1,036
Property Taxes
10%
$208
Home Insurance
3%
$66
HOA
0%
$0
Property Management
12%
$256
CapEx
4%
$85
Vacancy
3%
$64
Maintenance
4%
$85
Other
11%
$235