This property might be a fair Mid-Term investment with a projected 1.64% first-year return on $54,246 initial cash invested.
1.64%
Cash On Cash
7.65%
Cap Rate
1.15
DSCR
$1,804
Rent
$74
Cashflow
Cash Flow
$1,804 income − $1,730 expenses = $74 cash flow
Investment Breakdown
|
Purchase Price
$173k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$54,246
Downpayment
20%
$34,520
Closing costs
1%
$1,726
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$1,804
Total Expenses
$1,730
Mortgage P&I
53%
$955
Property Taxes
6%
$103
Home Insurance
3%
$60
HOA
0%
$0
Property Management
12%
$216
CapEx
4%
$72
Vacancy
3%
$54
Maintenance
4%
$72
Other
11%
$198