This property might be a fair Mid-Term investment with a projected 3.33% first-year return on $53,679 initial cash invested.
3.33%
Cash On Cash
8.12%
Cap Rate
1.25
DSCR
$1,971
Rent
$149
Cashflow
Cash Flow
$1,971 income − $1,822 expenses = $149 cash flow
Investment Breakdown
|
Purchase Price
$170k
Downpayment
20.0%
Interest Rate
7.2%
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
$1,971
Total Expenses
$1,822
Mortgage P&I
47%
$921
Property Taxes
9%
$170
Home Insurance
3%
$60
HOA
0%
$0
Property Management
12%
$237
CapEx
4%
$79
Vacancy
3%
$59
Maintenance
4%
$79
Other
11%
$217