This property might be a fair Mid-Term investment with a projected 8.14% first-year return on $52,650 initial cash invested.
8.14%
Cash On Cash
10.05%
Cap Rate
1.52
DSCR
$2,818
Rent
$357
Cashflow
Cash Flow
$2,818 income − $2,461 expenses = $357 cash flow
Investment Breakdown
|
Purchase Price
$165k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$52,650
Downpayment
20%
$33,000
Closing costs
1%
$1,650
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$2,818
Total Expenses
$2,461
Mortgage P&I
32%
$912
Property Taxes
19%
$532
Home Insurance
2%
$58
HOA
0%
$0
Property Management
12%
$338
CapEx
4%
$113
Vacancy
3%
$85
Maintenance
4%
$113
Other
11%
$310