This property might be a fair Mid-Term investment with a projected 2.95% first-year return on $55,233 initial cash invested.
2.95%
Cash On Cash
8.06%
Cap Rate
1.22
DSCR
$1,874
Rent
$136
Cashflow
Cash Flow
$1,874 income − $1,738 expenses = $136 cash flow
Investment Breakdown
|
Purchase Price
$177k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$55,233
Downpayment
20%
$35,460
Closing costs
1%
$1,773
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$1,874
Total Expenses
$1,738
Mortgage P&I
52%
$980
Property Taxes
3%
$65
Home Insurance
3%
$56
HOA
0%
$0
Property Management
12%
$225
CapEx
4%
$75
Vacancy
3%
$56
Maintenance
4%
$75
Other
11%
$206