This property might be a fair Mid-Term investment with a projected 1.86% first-year return on $51,579 initial cash invested.
1.86%
Cash On Cash
7.31%
Cap Rate
1.17
DSCR
$1,611
Rent
$80
Cashflow
Cash Flow
$1,611 income − $1,531 expenses = $80 cash flow
Investment Breakdown
|
Purchase Price
$160k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$51,579
Downpayment
20%
$31,980
Closing costs
1%
$1,599
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$1,611
Total Expenses
$1,531
Mortgage P&I
52%
$830
Property Taxes
6%
$99
Home Insurance
3%
$56
HOA
0%
$0
Property Management
12%
$193
CapEx
4%
$64
Vacancy
3%
$48
Maintenance
4%
$64
Other
11%
$177