This property might be a fair Mid-Term investment with a projected 6.45% first-year return on $54,729 initial cash invested.
6.45%
Cash On Cash
9.19%
Cap Rate
1.4
DSCR
$2,218
Rent
$294
Cashflow
Cash Flow
$2,218 income − $1,924 expenses = $294 cash flow
Investment Breakdown
|
Purchase Price
$175k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$54,729
Downpayment
20%
$34,980
Closing costs
1%
$1,749
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$2,218
Total Expenses
$1,924
Mortgage P&I
43%
$957
Property Taxes
7%
$151
Home Insurance
3%
$61
HOA
0%
$0
Property Management
12%
$266
CapEx
4%
$89
Vacancy
3%
$67
Maintenance
4%
$89
Other
11%
$244