This property might be a fair Mid-Term investment with a projected 6.04% first-year return on $51,894 initial cash invested.
6.04%
Cash On Cash
9.31%
Cap Rate
1.37
DSCR
$1,970
Rent
$261
Cashflow
Cash Flow
$1,970 income − $1,709 expenses = $261 cash flow
Investment Breakdown
|
Purchase Price
$161k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$51,894
Downpayment
20%
$32,280
Closing costs
1%
$1,614
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$1,970
Total Expenses
$1,709
Mortgage P&I
46%
$912
Property Taxes
4%
$76
Home Insurance
3%
$51
HOA
0%
$0
Property Management
12%
$236
CapEx
4%
$79
Vacancy
3%
$59
Maintenance
4%
$79
Other
11%
$217