This property might be a fair Mid-Term investment with a projected 6.54% first-year return on $52,860 initial cash invested.
6.54%
Cash On Cash
8.97%
Cap Rate
1.42
DSCR
$1,918
Rent
$288
Cashflow
Cash Flow
$1,918 income − $1,630 expenses = $288 cash flow
Investment Breakdown
|
Purchase Price
$166k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$52,860
Downpayment
20%
$33,200
Closing costs
1%
$1,660
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$1,918
Total Expenses
$1,630
Mortgage P&I
46%
$876
Property Taxes
2%
$40
Home Insurance
3%
$61
HOA
0%
$0
Property Management
12%
$230
CapEx
4%
$77
Vacancy
3%
$58
Maintenance
4%
$77
Other
11%
$211