This property might be a fair Mid-Term investment with a projected 8.8% first-year return on $54,393 initial cash invested.
8.8%
Cash On Cash
10.06%
Cap Rate
1.51
DSCR
$2,337
Rent
$399
Cashflow
Cash Flow
$2,337 income − $1,938 expenses = $399 cash flow
Investment Breakdown
|
Purchase Price
$173k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$54,393
Downpayment
20%
$34,660
Closing costs
1%
$1,733
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$2,337
Total Expenses
$1,938
Mortgage P&I
41%
$961
Property Taxes
5%
$119
Home Insurance
3%
$65
HOA
0%
$0
Property Management
12%
$280
CapEx
4%
$93
Vacancy
3%
$70
Maintenance
4%
$93
Other
11%
$257