This property might be a fair Mid-Term investment with a projected 5.81% first-year return on $52,650 initial cash invested.
5.81%
Cash On Cash
9.28%
Cap Rate
1.38
DSCR
$2,314
Rent
$255
Cashflow
Cash Flow
$2,314 income − $2,059 expenses = $255 cash flow
Investment Breakdown
|
Purchase Price
$165k
Downpayment
20.0%
Interest Rate
7.6%
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
$2,314
Total Expenses
$2,059
Mortgage P&I
40%
$928
Property Taxes
12%
$285
Home Insurance
3%
$58
HOA
0%
$0
Property Management
12%
$278
CapEx
4%
$93
Vacancy
3%
$69
Maintenance
4%
$93
Other
11%
$255