This property might be a fair Mid-Term investment with a projected 5.66% first-year return on $55,170 initial cash invested.
5.66%
Cash On Cash
9.11%
Cap Rate
1.36
DSCR
$2,298
Rent
$260
Cashflow
Cash Flow
$2,298 income − $2,038 expenses = $260 cash flow
Investment Breakdown
|
Purchase Price
$177k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$55,170
Downpayment
20%
$35,400
Closing costs
1%
$1,770
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$2,298
Total Expenses
$2,038
Mortgage P&I
43%
$991
Property Taxes
9%
$202
Home Insurance
3%
$63
HOA
0%
$0
Property Management
12%
$276
CapEx
4%
$92
Vacancy
3%
$69
Maintenance
4%
$92
Other
11%
$253