This property might be a fair Mid-Term investment with a projected 5.23% first-year return on $52,776 initial cash invested.
5.23%
Cash On Cash
8.48%
Cap Rate
1.35
DSCR
$1,886
Rent
$230
Cashflow
Cash Flow
$1,886 income − $1,656 expenses = $230 cash flow
Investment Breakdown
|
Purchase Price
$166k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$52,776
Downpayment
20%
$33,120
Closing costs
1%
$1,656
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$1,886
Total Expenses
$1,656
Mortgage P&I
46%
$865
Property Taxes
6%
$109
Home Insurance
2%
$42
HOA
0%
$0
Property Management
12%
$226
CapEx
4%
$75
Vacancy
3%
$57
Maintenance
4%
$75
Other
11%
$207