This property might be a fair Mid-Term investment with a projected 7.55% first-year return on $53,406 initial cash invested.
7.55%
Cash On Cash
9.83%
Cap Rate
1.46
DSCR
$2,412
Rent
$336
Cashflow
Cash Flow
$2,412 income − $2,076 expenses = $336 cash flow
Investment Breakdown
|
Purchase Price
$169k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$53,406
Downpayment
20%
$33,720
Closing costs
1%
$1,686
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$2,412
Total Expenses
$2,076
Mortgage P&I
39%
$949
Property Taxes
10%
$249
Home Insurance
2%
$60
HOA
0%
$0
Property Management
12%
$289
CapEx
4%
$96
Vacancy
3%
$72
Maintenance
4%
$96
Other
11%
$265