This property might be a fair Mid-Term investment with a projected 5.24% first-year return on $54,078 initial cash invested.
5.24%
Cash On Cash
8.7%
Cap Rate
1.34
DSCR
$2,042
Rent
$236
Cashflow
Cash Flow
$2,042 income − $1,806 expenses = $236 cash flow
Investment Breakdown
|
Purchase Price
$172k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$54,078
Downpayment
20%
$34,360
Closing costs
1%
$1,718
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$2,042
Total Expenses
$1,806
Mortgage P&I
45%
$927
Property Taxes
6%
$130
Home Insurance
3%
$54
HOA
0%
$0
Property Management
12%
$245
CapEx
4%
$82
Vacancy
3%
$61
Maintenance
4%
$82
Other
11%
$225