This property might be a fair Mid-Term investment with a projected 6.3% first-year return on $54,099 initial cash invested.
6.3%
Cash On Cash
9.42%
Cap Rate
1.39
DSCR
$2,390
Rent
$284
Cashflow
Cash Flow
$2,390 income − $2,106 expenses = $284 cash flow
Investment Breakdown
|
Purchase Price
$172k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$54,099
Downpayment
20%
$34,380
Closing costs
1%
$1,719
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$2,390
Total Expenses
$2,106
Mortgage P&I
41%
$969
Property Taxes
12%
$281
Home Insurance
2%
$42
HOA
0%
$0
Property Management
12%
$287
CapEx
4%
$96
Vacancy
3%
$72
Maintenance
4%
$96
Other
11%
$263