This property might be a fair Mid-Term investment with a projected 4.06% first-year return on $52,629 initial cash invested.
4.06%
Cash On Cash
8.62%
Cap Rate
1.28
DSCR
$2,096
Rent
$178
Cashflow
Cash Flow
$2,096 income − $1,918 expenses = $178 cash flow
Investment Breakdown
|
Purchase Price
$165k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$52,629
Downpayment
20%
$32,980
Closing costs
1%
$1,649
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$2,096
Total Expenses
$1,918
Mortgage P&I
44%
$922
Property Taxes
11%
$224
Home Insurance
3%
$58
HOA
0%
$0
Property Management
12%
$252
CapEx
4%
$84
Vacancy
3%
$63
Maintenance
4%
$84
Other
11%
$231