This property might be a fair Mid-Term investment with a projected 6.82% first-year return on $51,768 initial cash invested.
6.82%
Cash On Cash
9.08%
Cap Rate
1.45
DSCR
$2,086
Rent
$294
Cashflow
Cash Flow
$2,086 income − $1,792 expenses = $294 cash flow
Investment Breakdown
|
Purchase Price
$161k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$51,768
Downpayment
20%
$32,160
Closing costs
1%
$1,608
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$2,086
Total Expenses
$1,792
Mortgage P&I
40%
$840
Property Taxes
9%
$187
Home Insurance
3%
$57
HOA
0%
$0
Property Management
12%
$250
CapEx
4%
$83
Vacancy
3%
$63
Maintenance
4%
$83
Other
11%
$229