This property might be a fair Mid-Term investment with a projected 8.3% first-year return on $52,650 initial cash invested.
8.3%
Cash On Cash
9.88%
Cap Rate
1.49
DSCR
$2,038
Rent
$364
Cashflow
Cash Flow
$2,038 income − $1,674 expenses = $364 cash flow
Investment Breakdown
|
Purchase Price
$165k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$52,650
Downpayment
20%
$33,000
Closing costs
1%
$1,650
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$2,038
Total Expenses
$1,674
Mortgage P&I
45%
$912
Property Taxes
0%
$10
Home Insurance
3%
$58
HOA
0%
$0
Property Management
12%
$245
CapEx
4%
$82
Vacancy
3%
$61
Maintenance
4%
$82
Other
11%
$224