This property might be a fair Mid-Term investment with a projected 8.74% first-year return on $53,679 initial cash invested.
8.74%
Cash On Cash
9.75%
Cap Rate
1.54
DSCR
$2,270
Rent
$391
Cashflow
Cash Flow
$2,270 income − $1,879 expenses = $391 cash flow
Investment Breakdown
|
Purchase Price
$170k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$53,679
Downpayment
20%
$33,980
Closing costs
1%
$1,699
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$2,270
Total Expenses
$1,879
Mortgage P&I
40%
$898
Property Taxes
7%
$149
Home Insurance
3%
$60
HOA
0%
$0
Property Management
12%
$272
CapEx
4%
$91
Vacancy
3%
$68
Maintenance
4%
$91
Other
11%
$250