This property might be a fair Mid-Term investment with a projected 1.19% first-year return on $54,351 initial cash invested.
1.19%
Cash On Cash
7.69%
Cap Rate
1.14
DSCR
$2,014
Rent
$54
Cashflow
Cash Flow
$2,014 income − $1,960 expenses = $54 cash flow
Investment Breakdown
|
Purchase Price
$173k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$54,351
Downpayment
20%
$34,620
Closing costs
1%
$1,731
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$2,014
Total Expenses
$1,960
Mortgage P&I
48%
$975
Property Taxes
12%
$236
Home Insurance
3%
$63
HOA
0%
$0
Property Management
12%
$242
CapEx
4%
$81
Vacancy
3%
$60
Maintenance
4%
$81
Other
11%
$222