This property might be a fair Mid-Term investment with a projected 3.61% first-year return on $51,789 initial cash invested.
3.61%
Cash On Cash
8.27%
Cap Rate
1.27
DSCR
$1,970
Rent
$156
Cashflow
Cash Flow
$1,970 income − $1,814 expenses = $156 cash flow
Investment Breakdown
|
Purchase Price
$161k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$51,789
Downpayment
20%
$32,180
Closing costs
1%
$1,609
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$1,970
Total Expenses
$1,814
Mortgage P&I
44%
$874
Property Taxes
12%
$237
Home Insurance
2%
$33
HOA
0%
$0
Property Management
12%
$236
CapEx
4%
$79
Vacancy
3%
$59
Maintenance
4%
$79
Other
11%
$217