This property might be a fair Mid-Term investment with a projected 9.28% first-year return on $51,579 initial cash invested.
9.28%
Cash On Cash
10.44%
Cap Rate
1.56
DSCR
$2,482
Rent
$399
Cashflow
Cash Flow
$2,482 income − $2,083 expenses = $399 cash flow
Investment Breakdown
|
Purchase Price
$160k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$51,579
Downpayment
20%
$31,980
Closing costs
1%
$1,599
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$2,482
Total Expenses
$2,083
Mortgage P&I
36%
$893
Property Taxes
12%
$291
Home Insurance
2%
$56
HOA
0%
$0
Property Management
12%
$298
CapEx
4%
$99
Vacancy
3%
$74
Maintenance
4%
$99
Other
11%
$273