This property might be a fair Mid-Term investment with a projected 3.14% first-year return on $51,579 initial cash invested.
3.14%
Cash On Cash
8.24%
Cap Rate
1.23
DSCR
$1,752
Rent
$135
Cashflow
Cash Flow
$1,752 income − $1,617 expenses = $135 cash flow
Investment Breakdown
|
Purchase Price
$160k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$51,579
Downpayment
20%
$31,980
Closing costs
1%
$1,599
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$1,752
Total Expenses
$1,617
Mortgage P&I
51%
$893
Property Taxes
4%
$72
Home Insurance
3%
$56
HOA
0%
$0
Property Management
12%
$210
CapEx
4%
$70
Vacancy
3%
$53
Maintenance
4%
$70
Other
11%
$193