This property might be a fair Mid-Term investment with a projected 4.67% first-year return on $54,939 initial cash invested.
4.67%
Cash On Cash
8.49%
Cap Rate
1.3
DSCR
$1,852
Rent
$214
Cashflow
Cash Flow
$1,852 income − $1,638 expenses = $214 cash flow
Investment Breakdown
|
Purchase Price
$176k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$54,939
Downpayment
20%
$35,180
Closing costs
1%
$1,759
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$1,852
Total Expenses
$1,638
Mortgage P&I
52%
$957
Property Taxes
3%
$51
Home Insurance
0%
$0
HOA
0%
$0
Property Management
12%
$222
CapEx
4%
$74
Vacancy
3%
$56
Maintenance
4%
$74
Other
11%
$204