This property might be a fair Mid-Term investment with a projected 1.32% first-year return on $54,393 initial cash invested.
1.32%
Cash On Cash
7.43%
Cap Rate
1.13
DSCR
$1,671
Rent
$60
Cashflow
Cash Flow
$1,671 income − $1,611 expenses = $60 cash flow
Investment Breakdown
|
Purchase Price
$173k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$54,393
Downpayment
20%
$34,660
Closing costs
1%
$1,733
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$1,671
Total Expenses
$1,611
Mortgage P&I
57%
$946
Property Taxes
3%
$45
Home Insurance
3%
$51
HOA
0%
$0
Property Management
12%
$201
CapEx
4%
$67
Vacancy
3%
$50
Maintenance
4%
$67
Other
11%
$184