This property might be a fair Mid-Term investment with a projected 4.15% first-year return on $54,981 initial cash invested.
4.15%
Cash On Cash
8.62%
Cap Rate
1.28
DSCR
$2,104
Rent
$190
Cashflow
Cash Flow
$2,104 income − $1,914 expenses = $190 cash flow
Investment Breakdown
|
Purchase Price
$176k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$54,981
Downpayment
20%
$35,220
Closing costs
1%
$1,761
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$2,104
Total Expenses
$1,914
Mortgage P&I
47%
$991
Property Taxes
7%
$146
Home Insurance
3%
$63
HOA
0%
$0
Property Management
12%
$252
CapEx
4%
$84
Vacancy
3%
$63
Maintenance
4%
$84
Other
11%
$231