This property might be a fair Mid-Term investment with a projected 7.7% first-year return on $56,388 initial cash invested.
7.7%
Cash On Cash
9.45%
Cap Rate
1.46
DSCR
$2,238
Rent
$362
Cashflow
Cash Flow
$2,238 income − $1,876 expenses = $362 cash flow
Investment Breakdown
|
Purchase Price
$183k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$56,388
Downpayment
20%
$36,560
Closing costs
1%
$1,828
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$2,238
Total Expenses
$1,876
Mortgage P&I
44%
$987
Property Taxes
2%
$47
Home Insurance
4%
$80
HOA
0%
$0
Property Management
12%
$269
CapEx
4%
$90
Vacancy
3%
$67
Maintenance
4%
$90
Other
11%
$246