This property might be a fair Mid-Term investment with a projected 3.63% first-year return on $52,272 initial cash invested.
3.63%
Cash On Cash
8.33%
Cap Rate
1.27
DSCR
$2,046
Rent
$158
Cashflow
Cash Flow
$2,046 income − $1,888 expenses = $158 cash flow
Investment Breakdown
|
Purchase Price
$163k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$52,272
Downpayment
20%
$32,640
Closing costs
1%
$1,632
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$2,046
Total Expenses
$1,888
Mortgage P&I
44%
$893
Property Taxes
12%
$239
Home Insurance
3%
$60
HOA
0%
$0
Property Management
12%
$246
CapEx
4%
$82
Vacancy
3%
$61
Maintenance
4%
$82
Other
11%
$225