This property might be a fair Mid-Term investment with a projected 4.07% first-year return on $53,385 initial cash invested.
4.07%
Cash On Cash
8.17%
Cap Rate
1.29
DSCR
$1,842
Rent
$181
Cashflow
Cash Flow
$1,842 income − $1,661 expenses = $181 cash flow
Investment Breakdown
|
Purchase Price
$169k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$53,385
Downpayment
20%
$33,700
Closing costs
1%
$1,685
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$1,842
Total Expenses
$1,661
Mortgage P&I
48%
$892
Property Taxes
5%
$83
Home Insurance
3%
$59
HOA
0%
$0
Property Management
12%
$221
CapEx
4%
$74
Vacancy
3%
$55
Maintenance
4%
$74
Other
11%
$203