This property might be a fair Mid-Term investment with a projected 0.57% first-year return on $54,897 initial cash invested.
0.57%
Cash On Cash
7.46%
Cap Rate
1.1
DSCR
$1,929
Rent
$26
Cashflow
Cash Flow
$1,929 income − $1,903 expenses = $26 cash flow
Investment Breakdown
|
Purchase Price
$176k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$54,897
Downpayment
20%
$35,140
Closing costs
1%
$1,757
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$1,929
Total Expenses
$1,903
Mortgage P&I
51%
$989
Property Taxes
10%
$193
Home Insurance
3%
$66
HOA
0%
$0
Property Management
12%
$231
CapEx
4%
$77
Vacancy
3%
$58
Maintenance
4%
$77
Other
11%
$212