This property might be a fair Mid-Term investment with a projected 9.06% first-year return on $43,851 initial cash invested.
9.06%
Cash On Cash
10.7%
Cap Rate
1.61
DSCR
$2,127
Rent
$331
Cashflow
Cash Flow
$2,127 income − $1,796 expenses = $331 cash flow
Investment Breakdown
|
Purchase Price
$123k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$43,851
Downpayment
20%
$24,620
Closing costs
1%
$1,231
Rehab
0%
$0
Furnishing
15%
$18,000
Cashflow
Total Income
$2,127
Total Expenses
$1,796
Mortgage P&I
32%
$682
Property Taxes
16%
$349
Home Insurance
2%
$42
HOA
0%
$0
Property Management
12%
$255
CapEx
4%
$85
Vacancy
3%
$64
Maintenance
4%
$85
Other
11%
$234