This property might be a fair Mid-Term investment with a projected 3.51% first-year return on $54,750 initial cash invested.
3.51%
Cash On Cash
8.45%
Cap Rate
1.24
DSCR
$2,034
Rent
$160
Cashflow
Cash Flow
$2,034 income − $1,874 expenses = $160 cash flow
Investment Breakdown
|
Purchase Price
$175k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$54,750
Downpayment
20%
$35,000
Closing costs
1%
$1,750
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$2,034
Total Expenses
$1,874
Mortgage P&I
49%
$991
Property Taxes
6%
$131
Home Insurance
3%
$61
HOA
0%
$0
Property Management
12%
$244
CapEx
4%
$81
Vacancy
3%
$61
Maintenance
4%
$81
Other
11%
$224