This property might be a fair Mid-Term investment with a projected 7.09% first-year return on $53,805 initial cash invested.
7.09%
Cash On Cash
9.3%
Cap Rate
1.43
DSCR
$2,058
Rent
$318
Cashflow
Cash Flow
$2,058 income − $1,740 expenses = $318 cash flow
Investment Breakdown
|
Purchase Price
$171k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$53,805
Downpayment
20%
$34,100
Closing costs
1%
$1,705
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$2,058
Total Expenses
$1,740
Mortgage P&I
45%
$922
Property Taxes
2%
$31
Home Insurance
4%
$88
HOA
0%
$0
Property Management
12%
$247
CapEx
4%
$82
Vacancy
3%
$62
Maintenance
4%
$82
Other
11%
$226