This property might be a fair Mid-Term investment with a projected 2.85% first-year return on $55,149 initial cash invested.
2.85%
Cash On Cash
8.24%
Cap Rate
1.21
DSCR
$1,894
Rent
$131
Cashflow
Cash Flow
$1,894 income − $1,763 expenses = $131 cash flow
Investment Breakdown
|
Purchase Price
$177k
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$55,149
Downpayment
20%
$35,380
Closing costs
1%
$1,769
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$1,894
Total Expenses
$1,763
Mortgage P&I
53%
$1,007
Property Taxes
3%
$50
Home Insurance
3%
$62
HOA
0%
$0
Property Management
12%
$227
CapEx
4%
$76
Vacancy
3%
$57
Maintenance
4%
$76
Other
11%
$208