This property might be a fair Mid-Term investment with a projected 1.75% first-year return on $51,390 initial cash invested.
1.75%
Cash On Cash
7.55%
Cap Rate
1.17
DSCR
$1,842
Rent
$75
Cashflow
Cash Flow
$1,842 income − $1,767 expenses = $75 cash flow
Investment Breakdown
|
Purchase Price
$159k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$51,390
Downpayment
20%
$31,800
Closing costs
1%
$1,590
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$1,842
Total Expenses
$1,767
Mortgage P&I
46%
$852
Property Taxes
13%
$232
Home Insurance
3%
$56
HOA
0%
$0
Property Management
12%
$221
CapEx
4%
$74
Vacancy
3%
$55
Maintenance
4%
$74
Other
11%
$203