This property might be a fair Mid-Term investment with a projected 5.61% first-year return on $52,650 initial cash invested.
5.61%
Cash On Cash
9.05%
Cap Rate
1.37
DSCR
$2,260
Rent
$246
Cashflow
Cash Flow
$2,260 income − $2,014 expenses = $246 cash flow
Investment Breakdown
|
Purchase Price
$165k
Downpayment
20.0%
Interest Rate
7.3%
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
$2,260
Total Expenses
$2,014
Mortgage P&I
40%
$908
Property Taxes
11%
$258
Home Insurance
3%
$58
HOA
1%
$22
Property Management
12%
$271
CapEx
4%
$90
Vacancy
3%
$68
Maintenance
4%
$90
Other
11%
$249