This property might be a fair Mid-Term investment with a projected 9.91% first-year return on $54,750 initial cash invested.
9.91%
Cash On Cash
10.5%
Cap Rate
1.59
DSCR
$2,910
Rent
$452
Cashflow
Cash Flow
$2,910 income − $2,458 expenses = $452 cash flow
Investment Breakdown
|
Purchase Price
$175k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$54,750
Downpayment
20%
$35,000
Closing costs
1%
$1,750
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$2,910
Total Expenses
$2,458
Mortgage P&I
33%
$963
Property Taxes
15%
$446
Home Insurance
2%
$61
HOA
0%
$0
Property Management
12%
$349
CapEx
4%
$116
Vacancy
3%
$87
Maintenance
4%
$116
Other
11%
$320