This property might be a fair Mid-Term investment with a projected 4.14% first-year return on $54,729 initial cash invested.
4.14%
Cash On Cash
8.25%
Cap Rate
1.28
DSCR
$1,929
Rent
$189
Cashflow
Cash Flow
$1,929 income − $1,740 expenses = $189 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
$1,929
Total Expenses
$1,740
Mortgage P&I
49%
$937
Property Taxes
5%
$87
Home Insurance
3%
$61
HOA
0%
$0
Property Management
12%
$231
CapEx
4%
$77
Vacancy
3%
$58
Maintenance
4%
$77
Other
11%
$212