This property might be a fair Mid-Term investment with a projected 7.11% first-year return on $52,650 initial cash invested.
7.11%
Cash On Cash
9.45%
Cap Rate
1.44
DSCR
$2,042
Rent
$312
Cashflow
Cash Flow
$2,042 income − $1,730 expenses = $312 cash flow
Investment Breakdown
|
Purchase Price
$165k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$52,650
Downpayment
20%
$33,000
Closing costs
1%
$1,650
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$2,042
Total Expenses
$1,730
Mortgage P&I
44%
$905
Property Taxes
4%
$72
Home Insurance
3%
$58
HOA
0%
$0
Property Management
12%
$245
CapEx
4%
$82
Vacancy
3%
$61
Maintenance
4%
$82
Other
11%
$225