This property might be a fair Mid-Term investment with a projected 3.57% first-year return on $53,490 initial cash invested.
3.57%
Cash On Cash
8%
Cap Rate
1.25
DSCR
$1,702
Rent
$159
Cashflow
Cash Flow
$1,702 income − $1,543 expenses = $159 cash flow
Investment Breakdown
|
Purchase Price
$169k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$53,490
Downpayment
20%
$33,800
Closing costs
1%
$1,690
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$1,702
Total Expenses
$1,543
Mortgage P&I
53%
$899
Property Taxes
0%
$7
Home Insurance
3%
$59
HOA
0%
$0
Property Management
12%
$204
CapEx
4%
$68
Vacancy
3%
$51
Maintenance
4%
$68
Other
11%
$187