This property might be a fair Mid-Term investment with a projected 4.24% first-year return on $51,285 initial cash invested.
4.24%
Cash On Cash
8.34%
Cap Rate
1.31
DSCR
$1,916
Rent
$181
Cashflow
Cash Flow
$1,916 income − $1,735 expenses = $181 cash flow
Investment Breakdown
|
Purchase Price
$159k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$51,285
Downpayment
20%
$31,700
Closing costs
1%
$1,585
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$1,916
Total Expenses
$1,735
Mortgage P&I
44%
$844
Property Taxes
9%
$170
Home Insurance
4%
$69
HOA
0%
$0
Property Management
12%
$230
CapEx
4%
$77
Vacancy
3%
$57
Maintenance
4%
$77
Other
11%
$211