This property might be a fair Mid-Term investment with a projected 4.77% first-year return on $55,044 initial cash invested.
4.77%
Cash On Cash
8.41%
Cap Rate
1.33
DSCR
$2,170
Rent
$219
Cashflow
Cash Flow
$2,170 income − $1,951 expenses = $219 cash flow
Investment Breakdown
|
Purchase Price
$176k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$55,044
Downpayment
20%
$35,280
Closing costs
1%
$1,764
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$2,170
Total Expenses
$1,951
Mortgage P&I
43%
$930
Property Taxes
10%
$208
Home Insurance
3%
$75
HOA
0%
$0
Property Management
12%
$260
CapEx
4%
$87
Vacancy
3%
$65
Maintenance
4%
$87
Other
11%
$239