This property might be a fair Mid-Term investment with a projected 3.57% first-year return on $52,839 initial cash invested.
3.57%
Cash On Cash
8.19%
Cap Rate
1.27
DSCR
$2,043
Rent
$157
Cashflow
Cash Flow
$2,043 income − $1,886 expenses = $157 cash flow
Investment Breakdown
|
Purchase Price
$166k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$52,839
Downpayment
20%
$33,180
Closing costs
1%
$1,659
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$2,043
Total Expenses
$1,886
Mortgage P&I
44%
$893
Property Taxes
11%
$232
Home Insurance
3%
$66
HOA
0%
$0
Property Management
12%
$245
CapEx
4%
$82
Vacancy
3%
$61
Maintenance
4%
$82
Other
11%
$225