This property might be a fair Mid-Term investment with a projected 3.25% first-year return on $51,390 initial cash invested.
3.25%
Cash On Cash
8.14%
Cap Rate
1.24
DSCR
$1,833
Rent
$139
Cashflow
Cash Flow
$1,833 income − $1,694 expenses = $139 cash flow
Investment Breakdown
|
Purchase Price
$159k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$51,390
Downpayment
20%
$31,800
Closing costs
1%
$1,590
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$1,833
Total Expenses
$1,694
Mortgage P&I
47%
$867
Property Taxes
8%
$148
Home Insurance
3%
$56
HOA
0%
$0
Property Management
12%
$220
CapEx
4%
$73
Vacancy
3%
$55
Maintenance
4%
$73
Other
11%
$202