This property might be a fair Mid-Term investment with a projected 5.74% first-year return on $51,201 initial cash invested.
5.74%
Cash On Cash
9.17%
Cap Rate
1.37
DSCR
$2,026
Rent
$245
Cashflow
Cash Flow
$2,026 income − $1,781 expenses = $245 cash flow
Investment Breakdown
|
Purchase Price
$158k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$51,201
Downpayment
20%
$31,620
Closing costs
1%
$1,581
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$2,026
Total Expenses
$1,781
Mortgage P&I
44%
$882
Property Taxes
8%
$152
Home Insurance
3%
$58
HOA
0%
$0
Property Management
12%
$243
CapEx
4%
$81
Vacancy
3%
$61
Maintenance
4%
$81
Other
11%
$223