This property might be a fair Mid-Term investment with a projected 4.2% first-year return on $51,663 initial cash invested.
4.2%
Cash On Cash
8.62%
Cap Rate
1.3
DSCR
$2,178
Rent
$181
Cashflow
Cash Flow
$2,178 income − $1,997 expenses = $181 cash flow
Investment Breakdown
|
Purchase Price
$160k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$51,663
Downpayment
20%
$32,060
Closing costs
1%
$1,603
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$2,178
Total Expenses
$1,997
Mortgage P&I
41%
$883
Property Taxes
15%
$328
Home Insurance
2%
$46
HOA
0%
$0
Property Management
12%
$261
CapEx
4%
$87
Vacancy
3%
$65
Maintenance
4%
$87
Other
11%
$240