This property might be a fair Mid-Term investment with a projected 5.79% first-year return on $53,070 initial cash invested.
5.79%
Cash On Cash
9.07%
Cap Rate
1.37
DSCR
$2,140
Rent
$256
Cashflow
Cash Flow
$2,140 income − $1,884 expenses = $256 cash flow
Investment Breakdown
|
Purchase Price
$167k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$53,070
Downpayment
20%
$33,400
Closing costs
1%
$1,670
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$2,140
Total Expenses
$1,884
Mortgage P&I
43%
$920
Property Taxes
8%
$178
Home Insurance
3%
$58
HOA
0%
$0
Property Management
12%
$257
CapEx
4%
$86
Vacancy
3%
$64
Maintenance
4%
$86
Other
11%
$235