This property might be a fair Mid-Term investment with a projected 8.74% first-year return on $53,406 initial cash invested.
8.74%
Cash On Cash
10.19%
Cap Rate
1.5
DSCR
$2,224
Rent
$389
Cashflow
Cash Flow
$2,224 income − $1,835 expenses = $389 cash flow
Investment Breakdown
|
Purchase Price
$169k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$53,406
Downpayment
20%
$33,720
Closing costs
1%
$1,686
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$2,224
Total Expenses
$1,835
Mortgage P&I
43%
$954
Property Taxes
3%
$65
Home Insurance
3%
$59
HOA
0%
$0
Property Management
12%
$267
CapEx
4%
$89
Vacancy
3%
$67
Maintenance
4%
$89
Other
11%
$245