This property might be a fair Mid-Term investment with a projected 5.45% first-year return on $53,679 initial cash invested.
5.45%
Cash On Cash
9.1%
Cap Rate
1.35
DSCR
$2,304
Rent
$244
Cashflow
Cash Flow
$2,304 income − $2,060 expenses = $244 cash flow
Investment Breakdown
|
Purchase Price
$170k
Downpayment
20.0%
Interest Rate
7.5%
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
$2,304
Total Expenses
$2,060
Mortgage P&I
41%
$952
Property Taxes
12%
$266
Home Insurance
3%
$60
HOA
0%
$0
Property Management
12%
$276
CapEx
4%
$92
Vacancy
3%
$69
Maintenance
4%
$92
Other
11%
$253