This property might be a fair Mid-Term investment with a projected 7.8% first-year return on $54,750 initial cash invested.
7.8%
Cash On Cash
9.74%
Cap Rate
1.45
DSCR
$2,133
Rent
$356
Cashflow
Cash Flow
$2,133 income − $1,777 expenses = $356 cash flow
Investment Breakdown
|
Purchase Price
$175k
Downpayment
20.0%
Interest Rate
7.5%
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
$2,133
Total Expenses
$1,777
Mortgage P&I
46%
$979
Property Taxes
1%
$12
Home Insurance
3%
$61
HOA
0%
$0
Property Management
12%
$256
CapEx
4%
$85
Vacancy
3%
$64
Maintenance
4%
$85
Other
11%
$235