This property might be a fair Mid-Term investment with a projected 4.87% first-year return on $54,729 initial cash invested.
4.87%
Cash On Cash
8.92%
Cap Rate
1.31
DSCR
$2,204
Rent
$222
Cashflow
Cash Flow
$2,204 income − $1,982 expenses = $222 cash flow
Investment Breakdown
|
Purchase Price
$175k
Downpayment
20.0%
Interest Rate
7.6%
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
$2,204
Total Expenses
$1,982
Mortgage P&I
45%
$990
Property Taxes
8%
$183
Home Insurance
3%
$61
HOA
0%
$0
Property Management
12%
$264
CapEx
4%
$88
Vacancy
3%
$66
Maintenance
4%
$88
Other
11%
$242