This property might be a fair Mid-Term investment with a projected 9.29% first-year return on $54,750 initial cash invested.
9.29%
Cash On Cash
9.92%
Cap Rate
1.55
DSCR
$2,192
Rent
$424
Cashflow
Cash Flow
$2,192 income − $1,768 expenses = $424 cash flow
Investment Breakdown
|
Purchase Price
$175k
Downpayment
20.0%
Interest Rate
7.0%
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
$2,192
Total Expenses
$1,768
Mortgage P&I
43%
$934
Property Taxes
1%
$27
Home Insurance
3%
$61
HOA
0%
$0
Property Management
12%
$263
CapEx
4%
$88
Vacancy
3%
$66
Maintenance
4%
$88
Other
11%
$241