This property might be a fair Mid-Term investment with a projected 1.67% first-year return on $53,154 initial cash invested.
1.67%
Cash On Cash
7.82%
Cap Rate
1.16
DSCR
$1,994
Rent
$74
Cashflow
Cash Flow
$1,994 income − $1,920 expenses = $74 cash flow
Investment Breakdown
|
Purchase Price
$167k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$53,154
Downpayment
20%
$33,480
Closing costs
1%
$1,674
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$1,994
Total Expenses
$1,920
Mortgage P&I
47%
$937
Property Taxes
12%
$240
Home Insurance
3%
$65
HOA
0%
$0
Property Management
12%
$239
CapEx
4%
$80
Vacancy
3%
$60
Maintenance
4%
$80
Other
11%
$219