This property might be a fair Mid-Term investment with a projected 5.32% first-year return on $53,700 initial cash invested.
5.32%
Cash On Cash
8.67%
Cap Rate
1.35
DSCR
$1,986
Rent
$238
Cashflow
Cash Flow
$1,986 income − $1,748 expenses = $238 cash flow
Investment Breakdown
|
Purchase Price
$170k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$53,700
Downpayment
20%
$34,000
Closing costs
1%
$1,700
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$1,986
Total Expenses
$1,748
Mortgage P&I
46%
$911
Property Taxes
5%
$103
Home Insurance
3%
$60
HOA
0%
$0
Property Management
12%
$238
CapEx
4%
$79
Vacancy
3%
$60
Maintenance
4%
$79
Other
11%
$218