This property might be a fair Mid-Term investment with a projected 6.7% first-year return on $51,558 initial cash invested.
6.7%
Cash On Cash
8.94%
Cap Rate
1.46
DSCR
$2,152
Rent
$288
Cashflow
Cash Flow
$2,152 income − $1,864 expenses = $288 cash flow
Investment Breakdown
|
Purchase Price
$160k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$51,558
Downpayment
20%
$31,960
Closing costs
1%
$1,598
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$2,152
Total Expenses
$1,864
Mortgage P&I
38%
$817
Property Taxes
10%
$212
Home Insurance
5%
$103
HOA
0%
$0
Property Management
12%
$258
CapEx
4%
$86
Vacancy
3%
$65
Maintenance
4%
$86
Other
11%
$237