This property might be a fair Mid-Term investment with a projected 6.22% first-year return on $54,834 initial cash invested.
6.22%
Cash On Cash
9.32%
Cap Rate
1.38
DSCR
$2,361
Rent
$284
Cashflow
Cash Flow
$2,361 income − $2,077 expenses = $284 cash flow
Investment Breakdown
|
Purchase Price
$175k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$54,834
Downpayment
20%
$35,080
Closing costs
1%
$1,754
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$2,361
Total Expenses
$2,077
Mortgage P&I
42%
$985
Property Taxes
10%
$227
Home Insurance
3%
$63
HOA
0%
$0
Property Management
12%
$283
CapEx
4%
$94
Vacancy
3%
$71
Maintenance
4%
$94
Other
11%
$260