This property might be a fair Mid-Term investment with a projected 6.67% first-year return on $53,994 initial cash invested.
6.67%
Cash On Cash
9.08%
Cap Rate
1.43
DSCR
$2,164
Rent
$300
Cashflow
Cash Flow
$2,164 income − $1,864 expenses = $300 cash flow
Investment Breakdown
|
Purchase Price
$171k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$53,994
Downpayment
20%
$34,280
Closing costs
1%
$1,714
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$2,164
Total Expenses
$1,864
Mortgage P&I
42%
$910
Property Taxes
7%
$156
Home Insurance
3%
$61
HOA
0%
$0
Property Management
12%
$260
CapEx
4%
$87
Vacancy
3%
$65
Maintenance
4%
$87
Other
11%
$238