This property might be a fair Mid-Term investment with a projected 4.8% first-year return on $51,033 initial cash invested.
4.8%
Cash On Cash
8.91%
Cap Rate
1.31
DSCR
$1,834
Rent
$204
Cashflow
Cash Flow
$1,834 income − $1,630 expenses = $204 cash flow
Investment Breakdown
|
Purchase Price
$157k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$51,033
Downpayment
20%
$31,460
Closing costs
1%
$1,573
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$1,834
Total Expenses
$1,630
Mortgage P&I
49%
$891
Property Taxes
3%
$61
Home Insurance
3%
$55
HOA
0%
$0
Property Management
12%
$220
CapEx
4%
$73
Vacancy
3%
$55
Maintenance
4%
$73
Other
11%
$202