This property might be a fair Mid-Term investment with a projected 4.86% first-year return on $52,104 initial cash invested.
4.86%
Cash On Cash
8.49%
Cap Rate
1.33
DSCR
$1,812
Rent
$211
Cashflow
Cash Flow
$1,812 income − $1,601 expenses = $211 cash flow
Investment Breakdown
|
Purchase Price
$162k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$52,104
Downpayment
20%
$32,480
Closing costs
1%
$1,624
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$1,812
Total Expenses
$1,601
Mortgage P&I
48%
$866
Property Taxes
3%
$63
Home Insurance
3%
$58
HOA
0%
$0
Property Management
12%
$217
CapEx
4%
$72
Vacancy
3%
$54
Maintenance
4%
$72
Other
11%
$199