This property might be a fair Mid-Term investment with a projected 0.85% first-year return on $56,367 initial cash invested.
0.85%
Cash On Cash
7.46%
Cap Rate
1.12
DSCR
$1,964
Rent
$40
Cashflow
Cash Flow
$1,964 income − $1,924 expenses = $40 cash flow
Investment Breakdown
|
Purchase Price
$183k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$56,367
Downpayment
20%
$36,540
Closing costs
1%
$1,827
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$1,964
Total Expenses
$1,924
Mortgage P&I
52%
$1,017
Property Taxes
9%
$178
Home Insurance
3%
$60
HOA
0%
$0
Property Management
12%
$236
CapEx
4%
$79
Vacancy
3%
$59
Maintenance
4%
$79
Other
11%
$216