This property might be a fair Mid-Term investment with a projected 5.79% first-year return on $54,729 initial cash invested.
5.79%
Cash On Cash
8.85%
Cap Rate
1.37
DSCR
$2,068
Rent
$264
Cashflow
Cash Flow
$2,068 income − $1,804 expenses = $264 cash flow
Investment Breakdown
|
Purchase Price
$175k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$54,729
Downpayment
20%
$34,980
Closing costs
1%
$1,749
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$2,068
Total Expenses
$1,804
Mortgage P&I
46%
$943
Property Taxes
5%
$97
Home Insurance
3%
$61
HOA
0%
$0
Property Management
12%
$248
CapEx
4%
$83
Vacancy
3%
$62
Maintenance
4%
$83
Other
11%
$227