This property might be a fair Mid-Term investment with a projected 9.75% first-year return on $54,645 initial cash invested.
9.75%
Cash On Cash
10.11%
Cap Rate
1.6
DSCR
$2,622
Rent
$444
Cashflow
Cash Flow
$2,622 income − $2,178 expenses = $444 cash flow
Investment Breakdown
|
Purchase Price
$175k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$54,645
Downpayment
20%
$34,900
Closing costs
1%
$1,745
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$2,622
Total Expenses
$2,178
Mortgage P&I
35%
$921
Property Taxes
12%
$302
Home Insurance
2%
$63
HOA
0%
$0
Property Management
12%
$315
CapEx
4%
$105
Vacancy
3%
$79
Maintenance
4%
$105
Other
11%
$288