This property might be a fair Mid-Term investment with a projected 8.45% first-year return on $52,692 initial cash invested.
8.45%
Cash On Cash
9.81%
Cap Rate
1.5
DSCR
$2,060
Rent
$371
Cashflow
Cash Flow
$2,060 income − $1,689 expenses = $371 cash flow
Investment Breakdown
|
Purchase Price
$165k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$52,692
Downpayment
20%
$33,040
Closing costs
1%
$1,652
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$2,060
Total Expenses
$1,689
Mortgage P&I
44%
$898
Property Taxes
2%
$42
Home Insurance
2%
$49
HOA
0%
$0
Property Management
12%
$247
CapEx
4%
$82
Vacancy
3%
$62
Maintenance
4%
$82
Other
11%
$227