This property might be a fair Mid-Term investment with a projected 8.05% first-year return on $51,579 initial cash invested.
8.05%
Cash On Cash
9.79%
Cap Rate
1.49
DSCR
$2,025
Rent
$346
Cashflow
Cash Flow
$2,025 income − $1,679 expenses = $346 cash flow
Investment Breakdown
|
Purchase Price
$160k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$51,579
Downpayment
20%
$31,980
Closing costs
1%
$1,599
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$2,025
Total Expenses
$1,679
Mortgage P&I
43%
$878
Property Taxes
3%
$56
Home Insurance
3%
$56
HOA
0%
$0
Property Management
12%
$243
CapEx
4%
$81
Vacancy
3%
$61
Maintenance
4%
$81
Other
11%
$223