This property might be a fair Mid-Term investment with a projected 7.5% first-year return on $51,495 initial cash invested.
7.5%
Cash On Cash
9.39%
Cap Rate
1.48
DSCR
$2,058
Rent
$322
Cashflow
Cash Flow
$2,058 income − $1,736 expenses = $322 cash flow
Investment Breakdown
|
Purchase Price
$160k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$51,495
Downpayment
20%
$31,900
Closing costs
1%
$1,595
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$2,058
Total Expenses
$1,736
Mortgage P&I
41%
$844
Property Taxes
7%
$137
Home Insurance
3%
$56
HOA
0%
$0
Property Management
12%
$247
CapEx
4%
$82
Vacancy
3%
$62
Maintenance
4%
$82
Other
11%
$226