This property might be a fair Mid-Term investment with a projected 5.28% first-year return on $53,175 initial cash invested.
5.28%
Cash On Cash
8.74%
Cap Rate
1.36
DSCR
$2,298
Rent
$234
Cashflow
Cash Flow
$2,298 income − $2,064 expenses = $234 cash flow
Investment Breakdown
|
Purchase Price
$168k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$53,175
Downpayment
20%
$33,500
Closing costs
1%
$1,675
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$2,298
Total Expenses
$2,064
Mortgage P&I
39%
$894
Property Taxes
14%
$329
Home Insurance
3%
$59
HOA
0%
$0
Property Management
12%
$276
CapEx
4%
$92
Vacancy
3%
$69
Maintenance
4%
$92
Other
11%
$253