This property might be a fair Mid-Term investment with a projected 9.5% first-year return on $54,204 initial cash invested.
9.5%
Cash On Cash
10.33%
Cap Rate
1.57
DSCR
$2,698
Rent
$429
Cashflow
Cash Flow
$2,698 income − $2,269 expenses = $429 cash flow
Investment Breakdown
|
Purchase Price
$172k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$54,204
Downpayment
20%
$34,480
Closing costs
1%
$1,724
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$2,698
Total Expenses
$2,269
Mortgage P&I
35%
$947
Property Taxes
13%
$352
Home Insurance
2%
$52
HOA
0%
$0
Property Management
12%
$324
CapEx
4%
$108
Vacancy
3%
$81
Maintenance
4%
$108
Other
11%
$297