This property might be a fair Mid-Term investment with a projected 0.68% first-year return on $54,540 initial cash invested.
0.68%
Cash On Cash
7.13%
Cap Rate
1.13
DSCR
$2,146
Rent
$31
Cashflow
Cash Flow
$2,146 income − $2,115 expenses = $31 cash flow
Investment Breakdown
|
Purchase Price
$174k
Downpayment
20.0%
Interest Rate
6.9%
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
$2,146
Total Expenses
$2,115
Mortgage P&I
43%
$917
Property Taxes
19%
$406
Home Insurance
3%
$62
HOA
0%
$0
Property Management
12%
$258
CapEx
4%
$86
Vacancy
3%
$64
Maintenance
4%
$86
Other
11%
$236