This property might be a fair Mid-Term investment with a projected 8.78% first-year return on $54,099 initial cash invested.
8.78%
Cash On Cash
10.05%
Cap Rate
1.51
DSCR
$2,336
Rent
$396
Cashflow
Cash Flow
$2,336 income − $1,940 expenses = $396 cash flow
Investment Breakdown
|
Purchase Price
$172k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$54,099
Downpayment
20%
$34,380
Closing costs
1%
$1,719
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$2,336
Total Expenses
$1,940
Mortgage P&I
41%
$950
Property Taxes
6%
$136
Home Insurance
3%
$61
HOA
0%
$0
Property Management
12%
$280
CapEx
4%
$93
Vacancy
3%
$70
Maintenance
4%
$93
Other
11%
$257