This property might be a fair Mid-Term investment with a projected 9.21% first-year return on $52,902 initial cash invested.
9.21%
Cash On Cash
10.24%
Cap Rate
1.54
DSCR
$2,338
Rent
$406
Cashflow
Cash Flow
$2,338 income − $1,932 expenses = $406 cash flow
Investment Breakdown
|
Purchase Price
$166k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$52,902
Downpayment
20%
$33,240
Closing costs
1%
$1,662
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$2,338
Total Expenses
$1,932
Mortgage P&I
39%
$918
Property Taxes
6%
$143
Home Insurance
3%
$75
HOA
0%
$0
Property Management
12%
$281
CapEx
4%
$94
Vacancy
3%
$70
Maintenance
4%
$94
Other
11%
$257