This property might be a fair Mid-Term investment with a projected 2.89% first-year return on $54,036 initial cash invested.
2.89%
Cash On Cash
8.16%
Cap Rate
1.22
DSCR
$2,000
Rent
$130
Cashflow
Cash Flow
$2,000 income − $1,870 expenses = $130 cash flow
Investment Breakdown
|
Purchase Price
$172k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$54,036
Downpayment
20%
$34,320
Closing costs
1%
$1,716
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$2,000
Total Expenses
$1,870
Mortgage P&I
48%
$957
Property Taxes
9%
$170
Home Insurance
3%
$63
HOA
0%
$0
Property Management
12%
$240
CapEx
4%
$80
Vacancy
3%
$60
Maintenance
4%
$80
Other
11%
$220