This property might be a fair Mid-Term investment with a projected 4.72% first-year return on $51,558 initial cash invested.
4.72%
Cash On Cash
8.64%
Cap Rate
1.32
DSCR
$1,908
Rent
$203
Cashflow
Cash Flow
$1,908 income − $1,705 expenses = $203 cash flow
Investment Breakdown
|
Purchase Price
$160k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$51,558
Downpayment
20%
$31,960
Closing costs
1%
$1,598
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$1,908
Total Expenses
$1,705
Mortgage P&I
46%
$872
Property Taxes
6%
$115
Home Insurance
4%
$70
HOA
0%
$0
Property Management
12%
$229
CapEx
4%
$76
Vacancy
3%
$57
Maintenance
4%
$76
Other
11%
$210