This property might be a fair Mid-Term investment with a projected 7.47% first-year return on $53,679 initial cash invested.
7.47%
Cash On Cash
9.55%
Cap Rate
1.45
DSCR
$2,190
Rent
$334
Cashflow
Cash Flow
$2,190 income − $1,856 expenses = $334 cash flow
Investment Breakdown
|
Purchase Price
$170k
Downpayment
20.0%
Interest Rate
7.3%
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
$2,190
Total Expenses
$1,856
Mortgage P&I
42%
$930
Property Taxes
5%
$120
Home Insurance
3%
$60
HOA
0%
$0
Property Management
12%
$263
CapEx
4%
$88
Vacancy
3%
$66
Maintenance
4%
$88
Other
11%
$241