This property might be a fair Mid-Term investment with a projected 2.74% first-year return on $53,490 initial cash invested.
2.74%
Cash On Cash
8.12%
Cap Rate
1.21
DSCR
$1,836
Rent
$122
Cashflow
Cash Flow
$1,836 income − $1,714 expenses = $122 cash flow
Investment Breakdown
|
Purchase Price
$169k
Downpayment
20.0%
Interest Rate
7.5%
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
$1,836
Total Expenses
$1,714
Mortgage P&I
52%
$949
Property Taxes
5%
$83
Home Insurance
3%
$59
HOA
0%
$0
Property Management
12%
$220
CapEx
4%
$73
Vacancy
3%
$55
Maintenance
4%
$73
Other
11%
$202