This property might be a fair Mid-Term investment with a projected 9.18% first-year return on $51,390 initial cash invested.
9.18%
Cash On Cash
10.41%
Cap Rate
1.54
DSCR
$2,253
Rent
$393
Cashflow
Cash Flow
$2,253 income − $1,860 expenses = $393 cash flow
Investment Breakdown
|
Purchase Price
$159k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$51,390
Downpayment
20%
$31,800
Closing costs
1%
$1,590
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$2,253
Total Expenses
$1,860
Mortgage P&I
40%
$896
Property Taxes
6%
$142
Home Insurance
2%
$56
HOA
0%
$0
Property Management
12%
$270
CapEx
4%
$90
Vacancy
3%
$68
Maintenance
4%
$90
Other
11%
$248