This property might be a fair Mid-Term investment with a projected 1.56% first-year return on $53,679 initial cash invested.
1.56%
Cash On Cash
7.55%
Cap Rate
1.15
DSCR
$1,734
Rent
$70
Cashflow
Cash Flow
$1,734 income − $1,664 expenses = $70 cash flow
Investment Breakdown
|
Purchase Price
$170k
Downpayment
20.0%
Interest Rate
7.3%
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
$1,734
Total Expenses
$1,664
Mortgage P&I
54%
$930
Property Taxes
5%
$85
Home Insurance
3%
$60
HOA
0%
$0
Property Management
12%
$208
CapEx
4%
$69
Vacancy
3%
$52
Maintenance
4%
$69
Other
11%
$191