This property might be a fair Mid-Term investment with a projected 8.81% first-year return on $53,931 initial cash invested.
8.81%
Cash On Cash
9.83%
Cap Rate
1.53
DSCR
$2,163
Rent
$396
Cashflow
Cash Flow
$2,163 income − $1,767 expenses = $396 cash flow
Investment Breakdown
|
Purchase Price
$171k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$53,931
Downpayment
20%
$34,220
Closing costs
1%
$1,711
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$2,163
Total Expenses
$1,767
Mortgage P&I
42%
$918
Property Taxes
2%
$38
Home Insurance
3%
$74
HOA
0%
$0
Property Management
12%
$260
CapEx
4%
$87
Vacancy
3%
$65
Maintenance
4%
$87
Other
11%
$238