This property might be a fair Mid-Term investment with a projected 7.14% first-year return on $52,293 initial cash invested.
7.14%
Cash On Cash
9.61%
Cap Rate
1.43
DSCR
$2,090
Rent
$311
Cashflow
Cash Flow
$2,090 income − $1,779 expenses = $311 cash flow
Investment Breakdown
|
Purchase Price
$163k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$52,293
Downpayment
20%
$32,660
Closing costs
1%
$1,633
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$2,090
Total Expenses
$1,779
Mortgage P&I
44%
$913
Property Taxes
4%
$89
Home Insurance
3%
$65
HOA
0%
$0
Property Management
12%
$251
CapEx
4%
$84
Vacancy
3%
$63
Maintenance
4%
$84
Other
11%
$230