This property might be a fair Mid-Term investment with a projected 9.5% first-year return on $54,687 initial cash invested.
9.5%
Cash On Cash
10.3%
Cap Rate
1.56
DSCR
$2,638
Rent
$433
Cashflow
Cash Flow
$2,638 income − $2,205 expenses = $433 cash flow
Investment Breakdown
|
Purchase Price
$175k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$54,687
Downpayment
20%
$34,940
Closing costs
1%
$1,747
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$2,638
Total Expenses
$2,205
Mortgage P&I
36%
$960
Property Taxes
11%
$289
Home Insurance
2%
$58
HOA
0%
$0
Property Management
12%
$317
CapEx
4%
$106
Vacancy
3%
$79
Maintenance
4%
$106
Other
11%
$290