This property might be a fair Mid-Term investment with a projected 3.79% first-year return on $54,078 initial cash invested.
3.79%
Cash On Cash
8.27%
Cap Rate
1.27
DSCR
$1,992
Rent
$171
Cashflow
Cash Flow
$1,992 income − $1,821 expenses = $171 cash flow
Investment Breakdown
|
Purchase Price
$172k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$54,078
Downpayment
20%
$34,360
Closing costs
1%
$1,718
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$1,992
Total Expenses
$1,821
Mortgage P&I
47%
$933
Property Taxes
7%
$149
Home Insurance
3%
$61
HOA
0%
$0
Property Management
12%
$239
CapEx
4%
$80
Vacancy
3%
$60
Maintenance
4%
$80
Other
11%
$219