This property might be a fair Mid-Term investment with a projected 4.47% first-year return on $54,750 initial cash invested.
4.47%
Cash On Cash
8.59%
Cap Rate
1.3
DSCR
$2,116
Rent
$204
Cashflow
Cash Flow
$2,116 income − $1,912 expenses = $204 cash flow
Investment Breakdown
|
Purchase Price
$175k
Downpayment
20.0%
Interest Rate
7.3%
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
$2,116
Total Expenses
$1,912
Mortgage P&I
46%
$964
Property Taxes
8%
$167
Home Insurance
3%
$61
HOA
0%
$0
Property Management
12%
$254
CapEx
4%
$85
Vacancy
3%
$63
Maintenance
4%
$85
Other
11%
$233