This property might be a fair Mid-Term investment with a projected 9.65% first-year return on $52,335 initial cash invested.
9.65%
Cash On Cash
10.25%
Cap Rate
1.57
DSCR
$2,187
Rent
$421
Cashflow
Cash Flow
$2,187 income − $1,766 expenses = $421 cash flow
Investment Breakdown
|
Purchase Price
$164k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$52,335
Downpayment
20%
$32,700
Closing costs
1%
$1,635
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$2,187
Total Expenses
$1,766
Mortgage P&I
41%
$888
Property Taxes
4%
$78
Home Insurance
3%
$57
HOA
0%
$0
Property Management
12%
$262
CapEx
4%
$87
Vacancy
3%
$66
Maintenance
4%
$87
Other
11%
$241