This property might be a fair Mid-Term investment with a projected 3.8% first-year return on $54,918 initial cash invested.
3.8%
Cash On Cash
8.51%
Cap Rate
1.28
DSCR
$2,406
Rent
$174
Cashflow
Cash Flow
$2,406 income − $2,232 expenses = $174 cash flow
Investment Breakdown
|
Purchase Price
$176k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$54,918
Downpayment
20%
$35,160
Closing costs
1%
$1,758
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$2,406
Total Expenses
$2,232
Mortgage P&I
41%
$976
Property Taxes
14%
$331
Home Insurance
4%
$107
HOA
0%
$0
Property Management
12%
$289
CapEx
4%
$96
Vacancy
3%
$72
Maintenance
4%
$96
Other
11%
$265