This property might be a fair Mid-Term investment with a projected 4.19% first-year return on $51,810 initial cash invested.
4.19%
Cash On Cash
8.34%
Cap Rate
1.29
DSCR
$1,689
Rent
$181
Cashflow
Cash Flow
$1,689 income − $1,508 expenses = $181 cash flow
Investment Breakdown
|
Purchase Price
$161k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$51,810
Downpayment
20%
$32,200
Closing costs
1%
$1,610
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$1,689
Total Expenses
$1,508
Mortgage P&I
52%
$870
Property Taxes
2%
$27
Home Insurance
2%
$35
HOA
0%
$0
Property Management
12%
$203
CapEx
4%
$68
Vacancy
3%
$51
Maintenance
4%
$68
Other
11%
$186