This property might be a fair Mid-Term investment with a projected 6.58% first-year return on $51,600 initial cash invested.
6.58%
Cash On Cash
9.44%
Cap Rate
1.42
DSCR
$2,312
Rent
$283
Cashflow
Cash Flow
$2,312 income − $2,029 expenses = $283 cash flow
Investment Breakdown
|
Purchase Price
$160k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$51,600
Downpayment
20%
$32,000
Closing costs
1%
$1,600
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$2,312
Total Expenses
$2,029
Mortgage P&I
38%
$883
Property Taxes
13%
$299
Home Insurance
3%
$63
HOA
0%
$0
Property Management
12%
$277
CapEx
4%
$92
Vacancy
3%
$69
Maintenance
4%
$92
Other
11%
$254