This property might be a fair Mid-Term investment with a projected 9.26% first-year return on $54,057 initial cash invested.
9.26%
Cash On Cash
10.07%
Cap Rate
1.55
DSCR
$2,331
Rent
$417
Cashflow
Cash Flow
$2,331 income − $1,914 expenses = $417 cash flow
Investment Breakdown
|
Purchase Price
$172k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$54,057
Downpayment
20%
$34,340
Closing costs
1%
$1,717
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$2,331
Total Expenses
$1,914
Mortgage P&I
40%
$931
Property Taxes
5%
$118
Home Insurance
3%
$73
HOA
0%
$0
Property Management
12%
$280
CapEx
4%
$93
Vacancy
3%
$70
Maintenance
4%
$93
Other
11%
$256