This property might be a fair Mid-Term investment with a projected 8.52% first-year return on $51,579 initial cash invested.
8.52%
Cash On Cash
9.77%
Cap Rate
1.53
DSCR
$2,078
Rent
$366
Cashflow
Cash Flow
$2,078 income − $1,712 expenses = $366 cash flow
Investment Breakdown
|
Purchase Price
$160k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$51,579
Downpayment
20%
$31,980
Closing costs
1%
$1,599
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$2,078
Total Expenses
$1,712
Mortgage P&I
41%
$853
Property Taxes
5%
$97
Home Insurance
3%
$56
HOA
0%
$0
Property Management
12%
$249
CapEx
4%
$83
Vacancy
3%
$62
Maintenance
4%
$83
Other
11%
$229