This property might be a fair Mid-Term investment with a projected 7.49% first-year return on $53,700 initial cash invested.
7.49%
Cash On Cash
9.61%
Cap Rate
1.44
DSCR
$2,106
Rent
$335
Cashflow
Cash Flow
$2,106 income − $1,771 expenses = $335 cash flow
Investment Breakdown
|
Purchase Price
$170k
Downpayment
20.0%
Interest Rate
7.4%
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
$2,106
Total Expenses
$1,771
Mortgage P&I
45%
$942
Property Taxes
3%
$53
Home Insurance
3%
$60
HOA
0%
$0
Property Management
12%
$253
CapEx
4%
$84
Vacancy
3%
$63
Maintenance
4%
$84
Other
11%
$232