This property might be a fair Mid-Term investment with a projected 5.75% first-year return on $52,629 initial cash invested.
5.75%
Cash On Cash
8.66%
Cap Rate
1.39
DSCR
$2,038
Rent
$252
Cashflow
Cash Flow
$2,038 income − $1,786 expenses = $252 cash flow
Investment Breakdown
|
Purchase Price
$165k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$52,629
Downpayment
20%
$32,980
Closing costs
1%
$1,649
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$2,038
Total Expenses
$1,786
Mortgage P&I
42%
$856
Property Taxes
9%
$178
Home Insurance
3%
$58
HOA
0%
$0
Property Management
12%
$245
CapEx
4%
$82
Vacancy
3%
$61
Maintenance
4%
$82
Other
11%
$224