This property might be a fair Mid-Term investment with a projected 6.67% first-year return on $53,574 initial cash invested.
6.67%
Cash On Cash
9.21%
Cap Rate
1.41
DSCR
$2,019
Rent
$298
Cashflow
Cash Flow
$2,019 income − $1,721 expenses = $298 cash flow
Investment Breakdown
|
Purchase Price
$169k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$53,574
Downpayment
20%
$33,880
Closing costs
1%
$1,694
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$2,019
Total Expenses
$1,721
Mortgage P&I
46%
$921
Property Taxes
3%
$53
Home Insurance
3%
$60
HOA
0%
$0
Property Management
12%
$242
CapEx
4%
$81
Vacancy
3%
$61
Maintenance
4%
$81
Other
11%
$222