This property might be a fair Mid-Term investment with a projected 3.95% first-year return on $53,469 initial cash invested.
3.95%
Cash On Cash
8.54%
Cap Rate
1.27
DSCR
$2,004
Rent
$176
Cashflow
Cash Flow
$2,004 income − $1,828 expenses = $176 cash flow
Investment Breakdown
|
Purchase Price
$169k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$53,469
Downpayment
20%
$33,780
Closing costs
1%
$1,689
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$2,004
Total Expenses
$1,828
Mortgage P&I
47%
$946
Property Taxes
7%
$142
Home Insurance
3%
$60
HOA
0%
$0
Property Management
12%
$240
CapEx
4%
$80
Vacancy
3%
$60
Maintenance
4%
$80
Other
11%
$220