This property might be a fair Mid-Term investment with a projected 2.66% first-year return on $54,183 initial cash invested.
2.66%
Cash On Cash
7.88%
Cap Rate
1.21
DSCR
$1,910
Rent
$120
Cashflow
Cash Flow
$1,910 income − $1,790 expenses = $120 cash flow
Investment Breakdown
|
Purchase Price
$172k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$54,183
Downpayment
20%
$34,460
Closing costs
1%
$1,723
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$1,910
Total Expenses
$1,790
Mortgage P&I
49%
$935
Property Taxes
8%
$155
Home Insurance
3%
$52
HOA
0%
$0
Property Management
12%
$229
CapEx
4%
$76
Vacancy
3%
$57
Maintenance
4%
$76
Other
11%
$210