This property might be a fair Mid-Term investment with a projected 8.36% first-year return on $51,810 initial cash invested.
8.36%
Cash On Cash
9.89%
Cap Rate
1.52
DSCR
$2,370
Rent
$361
Cashflow
Cash Flow
$2,370 income − $2,009 expenses = $361 cash flow
Investment Breakdown
|
Purchase Price
$161k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$51,810
Downpayment
20%
$32,200
Closing costs
1%
$1,610
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$2,370
Total Expenses
$2,009
Mortgage P&I
37%
$871
Property Taxes
11%
$272
Home Insurance
3%
$60
HOA
0%
$0
Property Management
12%
$284
CapEx
4%
$95
Vacancy
3%
$71
Maintenance
4%
$95
Other
11%
$261