This property might be a fair Mid-Term investment with a projected 7% first-year return on $52,629 initial cash invested.
7%
Cash On Cash
9.43%
Cap Rate
1.44
DSCR
$2,283
Rent
$307
Cashflow
Cash Flow
$2,283 income − $1,976 expenses = $307 cash flow
Investment Breakdown
|
Purchase Price
$165k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$52,629
Downpayment
20%
$32,980
Closing costs
1%
$1,649
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$2,283
Total Expenses
$1,976
Mortgage P&I
39%
$898
Property Taxes
11%
$245
Home Insurance
3%
$58
HOA
0%
$0
Property Management
12%
$274
CapEx
4%
$91
Vacancy
3%
$68
Maintenance
4%
$91
Other
11%
$251