This property might be a fair Mid-Term investment with a projected 7.74% first-year return on $57,039 initial cash invested.
7.74%
Cash On Cash
9.6%
Cap Rate
1.47
DSCR
$2,589
Rent
$368
Cashflow
Cash Flow
$2,589 income − $2,221 expenses = $368 cash flow
Investment Breakdown
|
Purchase Price
$186k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$57,039
Downpayment
20%
$37,180
Closing costs
1%
$1,859
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$2,589
Total Expenses
$2,221
Mortgage P&I
39%
$1,015
Property Taxes
10%
$259
Home Insurance
3%
$65
HOA
0%
$0
Property Management
12%
$311
CapEx
4%
$104
Vacancy
3%
$78
Maintenance
4%
$104
Other
11%
$285