This property might be a fair Mid-Term investment with a projected 2.87% first-year return on $52,650 initial cash invested.
2.87%
Cash On Cash
8.06%
Cap Rate
1.21
DSCR
$1,742
Rent
$126
Cashflow
Cash Flow
$1,742 income − $1,616 expenses = $126 cash flow
Investment Breakdown
|
Purchase Price
$165k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$52,650
Downpayment
20%
$33,000
Closing costs
1%
$1,650
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$1,742
Total Expenses
$1,616
Mortgage P&I
52%
$912
Property Taxes
3%
$53
Home Insurance
3%
$58
HOA
0%
$0
Property Management
12%
$209
CapEx
4%
$70
Vacancy
3%
$52
Maintenance
4%
$70
Other
11%
$192