This property might be a fair Mid-Term investment with a projected 5.43% first-year return on $53,259 initial cash invested.
5.43%
Cash On Cash
8.99%
Cap Rate
1.36
DSCR
$2,240
Rent
$241
Cashflow
Cash Flow
$2,240 income − $1,999 expenses = $241 cash flow
Investment Breakdown
|
Purchase Price
$168k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$53,259
Downpayment
20%
$33,580
Closing costs
1%
$1,679
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$2,240
Total Expenses
$1,999
Mortgage P&I
41%
$927
Property Taxes
8%
$189
Home Insurance
5%
$121
HOA
0%
$0
Property Management
12%
$269
CapEx
4%
$90
Vacancy
3%
$67
Maintenance
4%
$90
Other
11%
$246