This property might be a fair Mid-Term investment with a projected 0.92% first-year return on $53,679 initial cash invested.
0.92%
Cash On Cash
6.96%
Cap Rate
1.12
DSCR
$1,584
Rent
$41
Cashflow
Cash Flow
$1,584 income − $1,543 expenses = $41 cash flow
Investment Breakdown
|
Purchase Price
$170k
Downpayment
20.0%
Interest Rate
6.8%
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
$1,584
Total Expenses
$1,543
Mortgage P&I
56%
$882
Property Taxes
4%
$63
Home Insurance
4%
$60
HOA
0%
$0
Property Management
12%
$190
CapEx
4%
$63
Vacancy
3%
$48
Maintenance
4%
$63
Other
11%
$174