This property might be a fair Mid-Term investment with a projected 2.19% first-year return on $55,464 initial cash invested.
2.19%
Cash On Cash
8.05%
Cap Rate
1.19
DSCR
$2,138
Rent
$101
Cashflow
Cash Flow
$2,138 income − $2,037 expenses = $101 cash flow
Investment Breakdown
|
Purchase Price
$178k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$55,464
Downpayment
20%
$35,680
Closing costs
1%
$1,784
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$2,138
Total Expenses
$2,037
Mortgage P&I
47%
$1,010
Property Taxes
12%
$248
Home Insurance
2%
$51
HOA
0%
$0
Property Management
12%
$257
CapEx
4%
$86
Vacancy
3%
$64
Maintenance
4%
$86
Other
11%
$235