This property might be a fair Mid-Term investment with a projected 4.62% first-year return on $52,986 initial cash invested.
4.62%
Cash On Cash
8.78%
Cap Rate
1.3
DSCR
$1,994
Rent
$204
Cashflow
Cash Flow
$1,994 income − $1,790 expenses = $204 cash flow
Investment Breakdown
|
Purchase Price
$167k
Downpayment
20.0%
Interest Rate
7.5%
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
$1,994
Total Expenses
$1,790
Mortgage P&I
47%
$935
Property Taxes
6%
$117
Home Insurance
3%
$60
HOA
0%
$0
Property Management
12%
$239
CapEx
4%
$80
Vacancy
3%
$60
Maintenance
4%
$80
Other
11%
$219