This property might be a fair Mid-Term investment with a projected 5.16% first-year return on $55,779 initial cash invested.
5.16%
Cash On Cash
8.65%
Cap Rate
1.33
DSCR
$2,073
Rent
$240
Cashflow
Cash Flow
$2,073 income − $1,833 expenses = $240 cash flow
Investment Breakdown
|
Purchase Price
$180k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$55,779
Downpayment
20%
$35,980
Closing costs
1%
$1,799
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$2,073
Total Expenses
$1,833
Mortgage P&I
47%
$974
Property Taxes
4%
$91
Home Insurance
3%
$63
HOA
0%
$0
Property Management
12%
$249
CapEx
4%
$83
Vacancy
3%
$62
Maintenance
4%
$83
Other
11%
$228