This property might be a fair Mid-Term investment with a projected 0.37% first-year return on $51,306 initial cash invested.
0.37%
Cash On Cash
7.19%
Cap Rate
1.09
DSCR
$1,581
Rent
$16
Cashflow
Cash Flow
$1,581 income − $1,565 expenses = $16 cash flow
Investment Breakdown
|
Purchase Price
$159k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$51,306
Downpayment
20%
$31,720
Closing costs
1%
$1,586
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$1,581
Total Expenses
$1,565
Mortgage P&I
55%
$871
Property Taxes
6%
$102
Home Insurance
3%
$55
HOA
0%
$0
Property Management
12%
$190
CapEx
4%
$63
Vacancy
3%
$47
Maintenance
4%
$63
Other
11%
$174