This property might be a fair Mid-Term investment with a projected 4.49% first-year return on $53,763 initial cash invested.
4.49%
Cash On Cash
8.74%
Cap Rate
1.29
DSCR
$2,010
Rent
$201
Cashflow
Cash Flow
$2,010 income − $1,809 expenses = $201 cash flow
Investment Breakdown
|
Purchase Price
$170k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$53,763
Downpayment
20%
$34,060
Closing costs
1%
$1,703
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$2,010
Total Expenses
$1,809
Mortgage P&I
48%
$959
Property Taxes
5%
$107
Home Insurance
3%
$61
HOA
0%
$0
Property Management
12%
$241
CapEx
4%
$80
Vacancy
3%
$60
Maintenance
4%
$80
Other
11%
$221