This property might be a fair Mid-Term investment with a projected 6.81% first-year return on $52,650 initial cash invested.
6.81%
Cash On Cash
9.67%
Cap Rate
1.42
DSCR
$2,366
Rent
$299
Cashflow
Cash Flow
$2,366 income − $2,067 expenses = $299 cash flow
Investment Breakdown
|
Purchase Price
$165k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$52,650
Downpayment
20%
$33,000
Closing costs
1%
$1,650
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$2,366
Total Expenses
$2,067
Mortgage P&I
40%
$936
Property Taxes
11%
$268
Home Insurance
2%
$58
HOA
0%
$0
Property Management
12%
$284
CapEx
4%
$95
Vacancy
3%
$71
Maintenance
4%
$95
Other
11%
$260