This property might be a fair Mid-Term investment with a projected 4.85% first-year return on $52,650 initial cash invested.
4.85%
Cash On Cash
8.89%
Cap Rate
1.32
DSCR
$2,067
Rent
$213
Cashflow
Cash Flow
$2,067 income − $1,854 expenses = $213 cash flow
Investment Breakdown
|
Purchase Price
$165k
Downpayment
20.0%
Interest Rate
7.5%
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
$2,067
Total Expenses
$1,854
Mortgage P&I
45%
$927
Property Taxes
8%
$166
Home Insurance
3%
$58
HOA
0%
$0
Property Management
12%
$248
CapEx
4%
$83
Vacancy
3%
$62
Maintenance
4%
$83
Other
11%
$227