This property might be a fair Mid-Term investment with a projected 4.84% first-year return on $53,994 initial cash invested.
4.84%
Cash On Cash
8.74%
Cap Rate
1.31
DSCR
$1,976
Rent
$218
Cashflow
Cash Flow
$1,976 income − $1,758 expenses = $218 cash flow
Investment Breakdown
|
Purchase Price
$171k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$53,994
Downpayment
20%
$34,280
Closing costs
1%
$1,714
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$1,976
Total Expenses
$1,758
Mortgage P&I
48%
$951
Property Taxes
4%
$75
Home Insurance
3%
$61
HOA
0%
$0
Property Management
12%
$237
CapEx
4%
$79
Vacancy
3%
$59
Maintenance
4%
$79
Other
11%
$217