This property might be a fair Mid-Term investment with a projected 1.6% first-year return on $51,033 initial cash invested.
1.6%
Cash On Cash
7.81%
Cap Rate
1.15
DSCR
$1,624
Rent
$68
Cashflow
Cash Flow
$1,624 income − $1,556 expenses = $68 cash flow
Investment Breakdown
|
Purchase Price
$157k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$51,033
Downpayment
20%
$31,460
Closing costs
1%
$1,573
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$1,624
Total Expenses
$1,556
Mortgage P&I
55%
$891
Property Taxes
4%
$57
Home Insurance
3%
$55
HOA
0%
$0
Property Management
12%
$195
CapEx
4%
$65
Vacancy
3%
$49
Maintenance
4%
$65
Other
11%
$179