This property might be a fair Mid-Term investment with a projected 3.27% first-year return on $52,482 initial cash invested.
3.27%
Cash On Cash
8.28%
Cap Rate
1.24
DSCR
$1,970
Rent
$143
Cashflow
Cash Flow
$1,970 income − $1,827 expenses = $143 cash flow
Investment Breakdown
|
Purchase Price
$164k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$52,482
Downpayment
20%
$32,840
Closing costs
1%
$1,642
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$1,970
Total Expenses
$1,827
Mortgage P&I
46%
$911
Property Taxes
9%
$187
Home Insurance
3%
$59
HOA
0%
$0
Property Management
12%
$236
CapEx
4%
$79
Vacancy
3%
$59
Maintenance
4%
$79
Other
11%
$217