This property might be a fair Mid-Term investment with a projected 3.77% first-year return on $54,729 initial cash invested.
3.77%
Cash On Cash
8.25%
Cap Rate
1.27
DSCR
$2,186
Rent
$172
Cashflow
Cash Flow
$2,186 income − $2,014 expenses = $172 cash flow
Investment Breakdown
|
Purchase Price
$175k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$54,729
Downpayment
20%
$34,980
Closing costs
1%
$1,749
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$2,186
Total Expenses
$2,014
Mortgage P&I
43%
$943
Property Taxes
12%
$267
Home Insurance
3%
$62
HOA
0%
$0
Property Management
12%
$262
CapEx
4%
$87
Vacancy
3%
$66
Maintenance
4%
$87
Other
11%
$240