This property might be a fair Mid-Term investment with a projected 8.07% first-year return on $54,246 initial cash invested.
8.07%
Cash On Cash
9.8%
Cap Rate
1.48
DSCR
$2,262
Rent
$365
Cashflow
Cash Flow
$2,262 income − $1,897 expenses = $365 cash flow
Investment Breakdown
|
Purchase Price
$173k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$54,246
Downpayment
20%
$34,520
Closing costs
1%
$1,726
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$2,262
Total Expenses
$1,897
Mortgage P&I
42%
$954
Property Taxes
5%
$114
Home Insurance
3%
$61
HOA
0%
$0
Property Management
12%
$271
CapEx
4%
$90
Vacancy
3%
$68
Maintenance
4%
$90
Other
11%
$249