This property might be a fair Mid-Term investment with a projected 2.86% first-year return on $51,558 initial cash invested.
2.86%
Cash On Cash
8.21%
Cap Rate
1.23
DSCR
$1,978
Rent
$123
Cashflow
Cash Flow
$1,978 income − $1,855 expenses = $123 cash flow
Investment Breakdown
|
Purchase Price
$160k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$51,558
Downpayment
20%
$31,960
Closing costs
1%
$1,598
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$1,978
Total Expenses
$1,855
Mortgage P&I
45%
$891
Property Taxes
13%
$252
Home Insurance
2%
$40
HOA
0%
$0
Property Management
12%
$237
CapEx
4%
$79
Vacancy
3%
$59
Maintenance
4%
$79
Other
11%
$218