This property might be a fair Mid-Term investment with a projected 5.06% first-year return on $52,125 initial cash invested.
5.06%
Cash On Cash
8.56%
Cap Rate
1.34
DSCR
$1,840
Rent
$220
Cashflow
Cash Flow
$1,840 income − $1,620 expenses = $220 cash flow
Investment Breakdown
|
Purchase Price
$163k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$52,125
Downpayment
20%
$32,500
Closing costs
1%
$1,625
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$1,840
Total Expenses
$1,620
Mortgage P&I
47%
$865
Property Taxes
3%
$59
Home Insurance
4%
$70
HOA
0%
$0
Property Management
12%
$221
CapEx
4%
$74
Vacancy
3%
$55
Maintenance
4%
$74
Other
11%
$202