This property might be a fair Mid-Term investment with a projected 1.58% first-year return on $51,663 initial cash invested.
1.58%
Cash On Cash
7.79%
Cap Rate
1.16
DSCR
$1,914
Rent
$68
Cashflow
Cash Flow
$1,914 income − $1,846 expenses = $68 cash flow
Investment Breakdown
|
Purchase Price
$160k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$51,663
Downpayment
20%
$32,060
Closing costs
1%
$1,603
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$1,914
Total Expenses
$1,846
Mortgage P&I
47%
$896
Property Taxes
13%
$249
Home Insurance
3%
$49
HOA
0%
$0
Property Management
12%
$230
CapEx
4%
$77
Vacancy
3%
$57
Maintenance
4%
$77
Other
11%
$211