This property might be a fair Mid-Term investment with a projected 8.34% first-year return on $54,834 initial cash invested.
8.34%
Cash On Cash
10.02%
Cap Rate
1.49
DSCR
$2,482
Rent
$381
Cashflow
Cash Flow
$2,482 income − $2,101 expenses = $381 cash flow
Investment Breakdown
|
Purchase Price
$175k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$54,834
Downpayment
20%
$35,080
Closing costs
1%
$1,754
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$2,482
Total Expenses
$2,101
Mortgage P&I
40%
$985
Property Taxes
8%
$196
Home Insurance
3%
$77
HOA
0%
$0
Property Management
12%
$298
CapEx
4%
$99
Vacancy
3%
$74
Maintenance
4%
$99
Other
11%
$273