This property might be a fair Mid-Term investment with a projected 7.22% first-year return on $53,679 initial cash invested.
7.22%
Cash On Cash
9.34%
Cap Rate
1.44
DSCR
$2,076
Rent
$323
Cashflow
Cash Flow
$2,076 income − $1,753 expenses = $323 cash flow
Investment Breakdown
|
Purchase Price
$170k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$53,679
Downpayment
20%
$33,980
Closing costs
1%
$1,699
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$2,076
Total Expenses
$1,753
Mortgage P&I
44%
$916
Property Taxes
3%
$72
Home Insurance
3%
$60
HOA
0%
$0
Property Management
12%
$249
CapEx
4%
$83
Vacancy
3%
$62
Maintenance
4%
$83
Other
11%
$228