This property might be a fair Mid-Term investment with a projected 6.32% first-year return on $51,663 initial cash invested.
6.32%
Cash On Cash
9.2%
Cap Rate
1.4
DSCR
$2,031
Rent
$272
Cashflow
Cash Flow
$2,031 income − $1,759 expenses = $272 cash flow
Investment Breakdown
|
Purchase Price
$160k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$51,663
Downpayment
20%
$32,060
Closing costs
1%
$1,603
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$2,031
Total Expenses
$1,759
Mortgage P&I
43%
$876
Property Taxes
7%
$132
Home Insurance
3%
$61
HOA
0%
$0
Property Management
12%
$244
CapEx
4%
$81
Vacancy
3%
$61
Maintenance
4%
$81
Other
11%
$223