This property might be a fair Mid-Term investment with a projected 6.69% first-year return on $51,684 initial cash invested.
6.69%
Cash On Cash
9.29%
Cap Rate
1.43
DSCR
$2,212
Rent
$288
Cashflow
Cash Flow
$2,212 income − $1,924 expenses = $288 cash flow
Investment Breakdown
|
Purchase Price
$160k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$51,684
Downpayment
20%
$32,080
Closing costs
1%
$1,604
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$2,212
Total Expenses
$1,924
Mortgage P&I
39%
$866
Property Taxes
10%
$212
Home Insurance
4%
$96
HOA
0%
$0
Property Management
12%
$265
CapEx
4%
$88
Vacancy
3%
$66
Maintenance
4%
$88
Other
11%
$243