This property might be a fair Mid-Term investment with a projected 6.1% first-year return on $54,645 initial cash invested.
6.1%
Cash On Cash
9.17%
Cap Rate
1.39
DSCR
$2,343
Rent
$278
Cashflow
Cash Flow
$2,343 income − $2,065 expenses = $278 cash flow
Investment Breakdown
|
Purchase Price
$175k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$54,645
Downpayment
20%
$34,900
Closing costs
1%
$1,745
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$2,343
Total Expenses
$2,065
Mortgage P&I
41%
$962
Property Taxes
10%
$245
Home Insurance
3%
$61
HOA
0%
$0
Property Management
12%
$281
CapEx
4%
$94
Vacancy
3%
$70
Maintenance
4%
$94
Other
11%
$258