This property might be a fair Mid-Term investment with a projected 4.36% first-year return on $53,658 initial cash invested.
4.36%
Cash On Cash
8.34%
Cap Rate
1.3
DSCR
$1,854
Rent
$195
Cashflow
Cash Flow
$1,854 income − $1,659 expenses = $195 cash flow
Investment Breakdown
|
Purchase Price
$170k
Downpayment
20.0%
Interest Rate
7.1%
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
$1,854
Total Expenses
$1,659
Mortgage P&I
49%
$911
Property Taxes
2%
$44
Home Insurance
4%
$74
HOA
0%
$0
Property Management
12%
$222
CapEx
4%
$74
Vacancy
3%
$56
Maintenance
4%
$74
Other
11%
$204