This property might be a fair Mid-Term investment with a projected 9.46% first-year return on $53,406 initial cash invested.
9.46%
Cash On Cash
9.91%
Cap Rate
1.57
DSCR
$2,128
Rent
$421
Cashflow
Cash Flow
$2,128 income − $1,707 expenses = $421 cash flow
Investment Breakdown
|
Purchase Price
$169k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$53,406
Downpayment
20%
$33,720
Closing costs
1%
$1,686
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$2,128
Total Expenses
$1,707
Mortgage P&I
42%
$886
Property Taxes
2%
$38
Home Insurance
3%
$60
HOA
0%
$0
Property Management
12%
$255
CapEx
4%
$85
Vacancy
3%
$64
Maintenance
4%
$85
Other
11%
$234