This property might be a fair Mid-Term investment with a projected 4.15% first-year return on $52,650 initial cash invested.
4.15%
Cash On Cash
8.46%
Cap Rate
1.28
DSCR
$1,803
Rent
$182
Cashflow
Cash Flow
$1,803 income − $1,621 expenses = $182 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
$1,803
Total Expenses
$1,621
Mortgage P&I
50%
$909
Property Taxes
2%
$42
Home Insurance
3%
$58
HOA
0%
$0
Property Management
12%
$216
CapEx
4%
$72
Vacancy
3%
$54
Maintenance
4%
$72
Other
11%
$198