This property might be a fair Mid-Term investment with a projected 3.78% first-year return on $52,734 initial cash invested.
3.78%
Cash On Cash
8.52%
Cap Rate
1.27
DSCR
$2,066
Rent
$166
Cashflow
Cash Flow
$2,066 income − $1,900 expenses = $166 cash flow
Investment Breakdown
|
Purchase Price
$165k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$52,734
Downpayment
20%
$33,080
Closing costs
1%
$1,654
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$2,066
Total Expenses
$1,900
Mortgage P&I
45%
$925
Property Taxes
10%
$212
Home Insurance
3%
$60
HOA
0%
$0
Property Management
12%
$248
CapEx
4%
$83
Vacancy
3%
$62
Maintenance
4%
$83
Other
11%
$227