This property might be a fair Mid-Term investment with a projected 7.95% first-year return on $53,259 initial cash invested.
7.95%
Cash On Cash
10.05%
Cap Rate
1.46
DSCR
$2,232
Rent
$353
Cashflow
Cash Flow
$2,232 income − $1,879 expenses = $353 cash flow
Investment Breakdown
|
Purchase Price
$168k
Downpayment
20.0%
Interest Rate
7.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$53,259
Downpayment
20%
$33,580
Closing costs
1%
$1,679
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$2,232
Total Expenses
$1,879
Mortgage P&I
43%
$964
Property Taxes
5%
$114
Home Insurance
2%
$42
HOA
0%
$0
Property Management
12%
$268
CapEx
4%
$89
Vacancy
3%
$67
Maintenance
4%
$89
Other
11%
$246