This property might be a fair Mid-Term investment with a projected 2.4% first-year return on $53,490 initial cash invested.
2.4%
Cash On Cash
8.12%
Cap Rate
1.19
DSCR
$1,924
Rent
$107
Cashflow
Cash Flow
$1,924 income − $1,817 expenses = $107 cash flow
Investment Breakdown
|
Purchase Price
$169k
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$53,490
Downpayment
20%
$33,800
Closing costs
1%
$1,690
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$1,924
Total Expenses
$1,817
Mortgage P&I
50%
$959
Property Taxes
7%
$144
Home Insurance
3%
$59
HOA
0%
$0
Property Management
12%
$231
CapEx
4%
$77
Vacancy
3%
$58
Maintenance
4%
$77
Other
11%
$212