This property might be a fair Mid-Term investment with a projected 9.15% first-year return on $54,183 initial cash invested.
9.15%
Cash On Cash
10.25%
Cap Rate
1.53
DSCR
$2,436
Rent
$413
Cashflow
Cash Flow
$2,436 income − $2,023 expenses = $413 cash flow
Investment Breakdown
|
Purchase Price
$172k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$54,183
Downpayment
20%
$34,460
Closing costs
1%
$1,723
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$2,436
Total Expenses
$2,023
Mortgage P&I
39%
$962
Property Taxes
7%
$173
Home Insurance
3%
$61
HOA
0%
$0
Property Management
12%
$292
CapEx
4%
$97
Vacancy
3%
$73
Maintenance
4%
$97
Other
11%
$268