This property might be a fair Mid-Term investment with a projected 7.28% first-year return on $53,700 initial cash invested.
7.28%
Cash On Cash
9.44%
Cap Rate
1.45
DSCR
$2,180
Rent
$326
Cashflow
Cash Flow
$2,180 income − $1,854 expenses = $326 cash flow
Investment Breakdown
|
Purchase Price
$170k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$53,700
Downpayment
20%
$34,000
Closing costs
1%
$1,700
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$2,180
Total Expenses
$1,854
Mortgage P&I
42%
$924
Property Taxes
6%
$129
Home Insurance
3%
$60
HOA
0%
$0
Property Management
12%
$262
CapEx
4%
$87
Vacancy
3%
$65
Maintenance
4%
$87
Other
11%
$240