This property might be a fair Mid-Term investment with a projected 9.65% first-year return on $55,107 initial cash invested.
9.65%
Cash On Cash
9.94%
Cap Rate
1.59
DSCR
$2,444
Rent
$443
Cashflow
Cash Flow
$2,444 income − $2,001 expenses = $443 cash flow
Investment Breakdown
|
Purchase Price
$177k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$55,107
Downpayment
20%
$35,340
Closing costs
1%
$1,767
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$2,444
Total Expenses
$2,001
Mortgage P&I
38%
$922
Property Taxes
5%
$122
Home Insurance
5%
$126
HOA
0%
$0
Property Management
12%
$293
CapEx
4%
$98
Vacancy
3%
$73
Maintenance
4%
$98
Other
11%
$269