This property might be a fair Mid-Term investment with a projected 6.65% first-year return on $53,595 initial cash invested.
6.65%
Cash On Cash
9.42%
Cap Rate
1.4
DSCR
$2,018
Rent
$297
Cashflow
Cash Flow
$2,018 income − $1,721 expenses = $297 cash flow
Investment Breakdown
|
Purchase Price
$170k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$53,595
Downpayment
20%
$33,900
Closing costs
1%
$1,695
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$2,018
Total Expenses
$1,721
Mortgage P&I
47%
$952
Property Taxes
1%
$23
Home Insurance
3%
$59
HOA
0%
$0
Property Management
12%
$242
CapEx
4%
$81
Vacancy
3%
$61
Maintenance
4%
$81
Other
11%
$222