This property might be a fair Mid-Term investment with a projected 8.51% first-year return on $54,540 initial cash invested.
8.51%
Cash On Cash
9.9%
Cap Rate
1.49
DSCR
$2,193
Rent
$387
Cashflow
Cash Flow
$2,193 income − $1,806 expenses = $387 cash flow
Investment Breakdown
|
Purchase Price
$174k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$54,540
Downpayment
20%
$34,800
Closing costs
1%
$1,740
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$2,193
Total Expenses
$1,806
Mortgage P&I
44%
$961
Property Taxes
2%
$34
Home Insurance
3%
$65
HOA
0%
$0
Property Management
12%
$263
CapEx
4%
$88
Vacancy
3%
$66
Maintenance
4%
$88
Other
11%
$241