This property might be a fair Mid-Term investment with a projected 8.61% first-year return on $56,283 initial cash invested.
8.61%
Cash On Cash
9.85%
Cap Rate
1.51
DSCR
$2,469
Rent
$404
Cashflow
Cash Flow
$2,469 income − $2,065 expenses = $404 cash flow
Investment Breakdown
|
Purchase Price
$182k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$56,283
Downpayment
20%
$36,460
Closing costs
1%
$1,823
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$2,469
Total Expenses
$2,065
Mortgage P&I
40%
$993
Property Taxes
7%
$167
Home Insurance
3%
$65
HOA
0%
$0
Property Management
12%
$296
CapEx
4%
$99
Vacancy
3%
$74
Maintenance
4%
$99
Other
11%
$272