This property might be a fair Mid-Term investment with a projected 9.05% first-year return on $52,650 initial cash invested.
9.05%
Cash On Cash
10.01%
Cap Rate
1.55
DSCR
$2,270
Rent
$397
Cashflow
Cash Flow
$2,270 income − $1,873 expenses = $397 cash flow
Investment Breakdown
|
Purchase Price
$165k
Downpayment
20.0%
Interest Rate
7.1%
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
$2,270
Total Expenses
$1,873
Mortgage P&I
39%
$889
Property Taxes
7%
$154
Home Insurance
3%
$58
HOA
0%
$0
Property Management
12%
$272
CapEx
4%
$91
Vacancy
3%
$68
Maintenance
4%
$91
Other
11%
$250