This property might be a fair Mid-Term investment with a projected 6.66% first-year return on $51,705 initial cash invested.
6.66%
Cash On Cash
9.37%
Cap Rate
1.41
DSCR
$1,977
Rent
$287
Cashflow
Cash Flow
$1,977 income − $1,690 expenses = $287 cash flow
Investment Breakdown
|
Purchase Price
$161k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$51,705
Downpayment
20%
$32,100
Closing costs
1%
$1,605
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$1,977
Total Expenses
$1,690
Mortgage P&I
45%
$887
Property Taxes
4%
$84
Home Insurance
2%
$48
HOA
0%
$0
Property Management
12%
$237
CapEx
4%
$79
Vacancy
3%
$59
Maintenance
4%
$79
Other
11%
$217