This property might be a fair Mid-Term investment with a projected 7.09% first-year return on $54,477 initial cash invested.
7.09%
Cash On Cash
9.56%
Cap Rate
1.42
DSCR
$2,262
Rent
$322
Cashflow
Cash Flow
$2,262 income − $1,940 expenses = $322 cash flow
Investment Breakdown
|
Purchase Price
$174k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$54,477
Downpayment
20%
$34,740
Closing costs
1%
$1,737
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$2,262
Total Expenses
$1,940
Mortgage P&I
43%
$972
Property Taxes
6%
$125
Home Insurance
3%
$75
HOA
0%
$0
Property Management
12%
$271
CapEx
4%
$90
Vacancy
3%
$68
Maintenance
4%
$90
Other
11%
$249