This property might be a fair Mid-Term investment with a projected 8.86% first-year return on $52,986 initial cash invested.
8.86%
Cash On Cash
10.29%
Cap Rate
1.5
DSCR
$2,204
Rent
$391
Cashflow
Cash Flow
$2,204 income − $1,813 expenses = $391 cash flow
Investment Breakdown
|
Purchase Price
$167k
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$52,986
Downpayment
20%
$33,320
Closing costs
1%
$1,666
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$2,204
Total Expenses
$1,813
Mortgage P&I
43%
$949
Property Taxes
3%
$56
Home Insurance
3%
$60
HOA
0%
$0
Property Management
12%
$264
CapEx
4%
$88
Vacancy
3%
$66
Maintenance
4%
$88
Other
11%
$242