This property might be a fair Mid-Term investment with a projected 3.3% first-year return on $52,398 initial cash invested.
3.3%
Cash On Cash
8.26%
Cap Rate
1.25
DSCR
$1,968
Rent
$144
Cashflow
Cash Flow
$1,968 income − $1,824 expenses = $144 cash flow
Investment Breakdown
|
Purchase Price
$164k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$52,398
Downpayment
20%
$32,760
Closing costs
1%
$1,638
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$1,968
Total Expenses
$1,824
Mortgage P&I
46%
$905
Property Taxes
8%
$166
Home Insurance
4%
$84
HOA
0%
$0
Property Management
12%
$236
CapEx
4%
$79
Vacancy
3%
$59
Maintenance
4%
$79
Other
11%
$216