This property might be a fair Mid-Term investment with a projected 7.11% first-year return on $53,658 initial cash invested.
7.11%
Cash On Cash
9.41%
Cap Rate
1.44
DSCR
$2,150
Rent
$318
Cashflow
Cash Flow
$2,150 income − $1,832 expenses = $318 cash flow
Investment Breakdown
|
Purchase Price
$170k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$53,658
Downpayment
20%
$33,960
Closing costs
1%
$1,698
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$2,150
Total Expenses
$1,832
Mortgage P&I
43%
$928
Property Taxes
5%
$113
Home Insurance
3%
$61
HOA
0%
$0
Property Management
12%
$258
CapEx
4%
$86
Vacancy
3%
$64
Maintenance
4%
$86
Other
11%
$236