This property might be a fair Mid-Term investment with a projected 5.25% first-year return on $51,453 initial cash invested.
5.25%
Cash On Cash
8.47%
Cap Rate
1.37
DSCR
$1,932
Rent
$225
Cashflow
Cash Flow
$1,932 income − $1,707 expenses = $225 cash flow
Investment Breakdown
|
Purchase Price
$159k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$51,453
Downpayment
20%
$31,860
Closing costs
1%
$1,593
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$1,932
Total Expenses
$1,707
Mortgage P&I
43%
$823
Property Taxes
6%
$108
Home Insurance
6%
$119
HOA
0%
$0
Property Management
12%
$232
CapEx
4%
$77
Vacancy
3%
$58
Maintenance
4%
$77
Other
11%
$213