This property might be a fair Mid-Term investment with a projected 3.44% first-year return on $53,679 initial cash invested.
3.44%
Cash On Cash
8.22%
Cap Rate
1.26
DSCR
$2,226
Rent
$154
Cashflow
Cash Flow
$2,226 income − $2,072 expenses = $154 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
$2,226
Total Expenses
$2,072
Mortgage P&I
41%
$921
Property Taxes
15%
$333
Home Insurance
3%
$61
HOA
0%
$0
Property Management
12%
$267
CapEx
4%
$89
Vacancy
3%
$67
Maintenance
4%
$89
Other
11%
$245