This property might be a fair Mid-Term investment with a projected 6.71% first-year return on $54,729 initial cash invested.
6.71%
Cash On Cash
9.48%
Cap Rate
1.41
DSCR
$2,320
Rent
$306
Cashflow
Cash Flow
$2,320 income − $2,014 expenses = $306 cash flow
Investment Breakdown
|
Purchase Price
$175k
Downpayment
20.0%
Interest Rate
7.5%
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
$2,320
Total Expenses
$2,014
Mortgage P&I
42%
$982
Property Taxes
8%
$182
Home Insurance
3%
$61
HOA
0%
$0
Property Management
12%
$278
CapEx
4%
$93
Vacancy
3%
$70
Maintenance
4%
$93
Other
11%
$255