This property might be a fair Mid-Term investment with a projected 8.14% first-year return on $55,149 initial cash invested.
8.14%
Cash On Cash
9.93%
Cap Rate
1.47
DSCR
$2,409
Rent
$374
Cashflow
Cash Flow
$2,409 income − $2,035 expenses = $374 cash flow
Investment Breakdown
|
Purchase Price
$177k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$55,149
Downpayment
20%
$35,380
Closing costs
1%
$1,769
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$2,409
Total Expenses
$2,035
Mortgage P&I
41%
$994
Property Taxes
6%
$135
Home Insurance
4%
$88
HOA
0%
$0
Property Management
12%
$289
CapEx
4%
$96
Vacancy
3%
$72
Maintenance
4%
$96
Other
11%
$265