This property might be a fair Mid-Term investment with a projected 7.92% first-year return on $53,301 initial cash invested.
7.92%
Cash On Cash
9.62%
Cap Rate
1.49
DSCR
$2,276
Rent
$352
Cashflow
Cash Flow
$2,276 income − $1,924 expenses = $352 cash flow
Investment Breakdown
|
Purchase Price
$168k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$53,301
Downpayment
20%
$33,620
Closing costs
1%
$1,681
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$2,276
Total Expenses
$1,924
Mortgage P&I
40%
$904
Property Taxes
8%
$187
Home Insurance
3%
$60
HOA
0%
$0
Property Management
12%
$273
CapEx
4%
$91
Vacancy
3%
$68
Maintenance
4%
$91
Other
11%
$250