This property might be a fair Mid-Term investment with a projected 4.53% first-year return on $54,792 initial cash invested.
4.53%
Cash On Cash
8.67%
Cap Rate
1.29
DSCR
$1,984
Rent
$207
Cashflow
Cash Flow
$1,984 income − $1,777 expenses = $207 cash flow
Investment Breakdown
|
Purchase Price
$175k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$54,792
Downpayment
20%
$35,040
Closing costs
1%
$1,752
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$1,984
Total Expenses
$1,777
Mortgage P&I
49%
$980
Property Taxes
3%
$60
Home Insurance
3%
$63
HOA
0%
$0
Property Management
12%
$238
CapEx
4%
$79
Vacancy
3%
$60
Maintenance
4%
$79
Other
11%
$218