This property might be a fair Mid-Term investment with a projected 5.33% first-year return on $51,599 initial cash invested.
5.33%
Cash On Cash
9%
Cap Rate
1.34
DSCR
$1,882
Rent
$229
Cashflow
Cash Flow
$1,882 income − $1,653 expenses = $229 cash flow
Investment Breakdown
|
Purchase Price
$160k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$51,599
Downpayment
20%
$31,999
Closing costs
1%
$1,600
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$1,882
Total Expenses
$1,653
Mortgage P&I
48%
$896
Property Taxes
3%
$62
Home Insurance
3%
$56
HOA
0%
$0
Property Management
12%
$226
CapEx
4%
$75
Vacancy
3%
$56
Maintenance
4%
$75
Other
11%
$207