This property might be a fair Mid-Term investment with a projected 4.71% first-year return on $54,750 initial cash invested.
4.71%
Cash On Cash
8.47%
Cap Rate
1.31
DSCR
$1,928
Rent
$215
Cashflow
Cash Flow
$1,928 income − $1,713 expenses = $215 cash flow
Investment Breakdown
|
Purchase Price
$175k
Downpayment
20.0%
Interest Rate
7.1%
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
$1,928
Total Expenses
$1,713
Mortgage P&I
49%
$943
Property Taxes
3%
$54
Home Insurance
3%
$61
HOA
0%
$0
Property Management
12%
$231
CapEx
4%
$77
Vacancy
3%
$58
Maintenance
4%
$77
Other
11%
$212