This property might be a fair Mid-Term investment with a projected 5.72% first-year return on $52,440 initial cash invested.
5.72%
Cash On Cash
8.66%
Cap Rate
1.37
DSCR
$1,808
Rent
$250
Cashflow
Cash Flow
$1,808 income − $1,558 expenses = $250 cash flow
Investment Breakdown
|
Purchase Price
$164k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$52,440
Downpayment
20%
$32,800
Closing costs
1%
$1,640
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$1,808
Total Expenses
$1,558
Mortgage P&I
48%
$862
Property Taxes
1%
$25
Home Insurance
3%
$57
HOA
0%
$0
Property Management
12%
$217
CapEx
4%
$72
Vacancy
3%
$54
Maintenance
4%
$72
Other
11%
$199