This property might be a fair Mid-Term investment with a projected 8.57% first-year return on $53,490 initial cash invested.
8.57%
Cash On Cash
9.71%
Cap Rate
1.51
DSCR
$2,042
Rent
$382
Cashflow
Cash Flow
$2,042 income − $1,660 expenses = $382 cash flow
Investment Breakdown
|
Purchase Price
$169k
Downpayment
20.0%
Interest Rate
7.0%
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
$2,042
Total Expenses
$1,660
Mortgage P&I
44%
$904
Property Taxes
0%
$2
Home Insurance
3%
$59
HOA
0%
$0
Property Management
12%
$245
CapEx
4%
$82
Vacancy
3%
$61
Maintenance
4%
$82
Other
11%
$225