This property might be a fair Mid-Term investment with a projected 9.99% first-year return on $52,986 initial cash invested.
9.99%
Cash On Cash
10.36%
Cap Rate
1.58
DSCR
$2,217
Rent
$441
Cashflow
Cash Flow
$2,217 income − $1,776 expenses = $441 cash flow
Investment Breakdown
|
Purchase Price
$167k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$52,986
Downpayment
20%
$33,320
Closing costs
1%
$1,666
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$2,217
Total Expenses
$1,776
Mortgage P&I
41%
$909
Property Taxes
2%
$51
Home Insurance
3%
$61
HOA
0%
$0
Property Management
12%
$266
CapEx
4%
$89
Vacancy
3%
$67
Maintenance
4%
$89
Other
11%
$244