This property might be a fair Mid-Term investment with a projected 7.38% first-year return on $51,684 initial cash invested.
7.38%
Cash On Cash
9.71%
Cap Rate
1.44
DSCR
$1,978
Rent
$318
Cashflow
Cash Flow
$1,978 income − $1,660 expenses = $318 cash flow
Investment Breakdown
|
Purchase Price
$160k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$51,684
Downpayment
20%
$32,080
Closing costs
1%
$1,604
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$1,978
Total Expenses
$1,660
Mortgage P&I
46%
$901
Property Taxes
1%
$29
Home Insurance
3%
$58
HOA
0%
$0
Property Management
12%
$237
CapEx
4%
$79
Vacancy
3%
$59
Maintenance
4%
$79
Other
11%
$218