This property might be a fair Mid-Term investment with a projected 8.7% first-year return on $51,579 initial cash invested.
8.7%
Cash On Cash
10.06%
Cap Rate
1.53
DSCR
$2,206
Rent
$374
Cashflow
Cash Flow
$2,206 income − $1,832 expenses = $374 cash flow
Investment Breakdown
|
Purchase Price
$160k
Downpayment
20.0%
Interest Rate
7.3%
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
$2,206
Total Expenses
$1,832
Mortgage P&I
40%
$878
Property Taxes
7%
$148
Home Insurance
3%
$56
HOA
0%
$0
Property Management
12%
$265
CapEx
4%
$88
Vacancy
3%
$66
Maintenance
4%
$88
Other
11%
$243