This property might be a fair Mid-Term investment with a projected 9.87% first-year return on $52,650 initial cash invested.
9.87%
Cash On Cash
10.54%
Cap Rate
1.57
DSCR
$2,318
Rent
$433
Cashflow
Cash Flow
$2,318 income − $1,885 expenses = $433 cash flow
Investment Breakdown
|
Purchase Price
$165k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$52,650
Downpayment
20%
$33,000
Closing costs
1%
$1,650
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$2,318
Total Expenses
$1,885
Mortgage P&I
40%
$923
Property Taxes
5%
$115
Home Insurance
3%
$58
HOA
0%
$0
Property Management
12%
$278
CapEx
4%
$93
Vacancy
3%
$70
Maintenance
4%
$93
Other
11%
$255