This property might be a fair Mid-Term investment with a projected 7.4% first-year return on $54,624 initial cash invested.
7.4%
Cash On Cash
9.58%
Cap Rate
1.44
DSCR
$2,166
Rent
$337
Cashflow
Cash Flow
$2,166 income − $1,829 expenses = $337 cash flow
Investment Breakdown
|
Purchase Price
$174k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$54,624
Downpayment
20%
$34,880
Closing costs
1%
$1,744
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$2,166
Total Expenses
$1,829
Mortgage P&I
45%
$968
Property Taxes
3%
$63
Home Insurance
3%
$61
HOA
0%
$0
Property Management
12%
$260
CapEx
4%
$87
Vacancy
3%
$65
Maintenance
4%
$87
Other
11%
$238