This property might be a fair Mid-Term investment with a projected 1.25% first-year return on $54,750 initial cash invested.
1.25%
Cash On Cash
7.35%
Cap Rate
1.13
DSCR
$1,678
Rent
$57
Cashflow
Cash Flow
$1,678 income − $1,621 expenses = $57 cash flow
Investment Breakdown
|
Purchase Price
$175k
Downpayment
20.0%
Interest Rate
7.2%
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
$1,678
Total Expenses
$1,621
Mortgage P&I
56%
$948
Property Taxes
3%
$42
Home Insurance
4%
$61
HOA
0%
$0
Property Management
12%
$201
CapEx
4%
$67
Vacancy
3%
$50
Maintenance
4%
$67
Other
11%
$185