This property might be a fair Mid-Term investment with a projected 8.21% first-year return on $51,033 initial cash invested.
8.21%
Cash On Cash
10.04%
Cap Rate
1.51
DSCR
$2,344
Rent
$349
Cashflow
Cash Flow
$2,344 income − $1,995 expenses = $349 cash flow
Investment Breakdown
|
Purchase Price
$157k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$51,033
Downpayment
20%
$31,460
Closing costs
1%
$1,573
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$2,344
Total Expenses
$1,995
Mortgage P&I
37%
$873
Property Taxes
11%
$269
Home Insurance
2%
$56
HOA
0%
$0
Property Management
12%
$281
CapEx
4%
$94
Vacancy
3%
$70
Maintenance
4%
$94
Other
11%
$258