This property might be a fair Mid-Term investment with a projected 2.64% first-year return on $52,650 initial cash invested.
2.64%
Cash On Cash
7.93%
Cap Rate
1.22
DSCR
$2,031
Rent
$116
Cashflow
Cash Flow
$2,031 income − $1,915 expenses = $116 cash flow
Investment Breakdown
|
Purchase Price
$165k
Downpayment
20.0%
Interest Rate
7.2%
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
$2,031
Total Expenses
$1,915
Mortgage P&I
44%
$894
Property Taxes
13%
$273
Home Insurance
3%
$58
HOA
0%
$0
Property Management
12%
$244
CapEx
4%
$81
Vacancy
3%
$61
Maintenance
4%
$81
Other
11%
$223