This property might be a fair Mid-Term investment with a projected 6.94% first-year return on $53,910 initial cash invested.
6.94%
Cash On Cash
9.38%
Cap Rate
1.42
DSCR
$2,115
Rent
$312
Cashflow
Cash Flow
$2,115 income − $1,803 expenses = $312 cash flow
Investment Breakdown
|
Purchase Price
$171k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$53,910
Downpayment
20%
$34,200
Closing costs
1%
$1,710
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$2,115
Total Expenses
$1,803
Mortgage P&I
44%
$939
Property Taxes
4%
$84
Home Insurance
3%
$60
HOA
0%
$0
Property Management
12%
$254
CapEx
4%
$85
Vacancy
3%
$63
Maintenance
4%
$85
Other
11%
$233