This property might be a fair Mid-Term investment with a projected 3.37% first-year return on $47,379 initial cash invested.
3.37%
Cash On Cash
8.55%
Cap Rate
1.27
DSCR
$1,896
Rent
$133
Cashflow
Cash Flow
$1,896 income − $1,763 expenses = $133 cash flow
Investment Breakdown
|
Purchase Price
$140k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$47,379
Downpayment
20%
$27,980
Closing costs
1%
$1,399
Rehab
0%
$0
Furnishing
13%
$18,000
Cashflow
Total Income
$1,896
Total Expenses
$1,763
Mortgage P&I
42%
$788
Property Taxes
15%
$280
Home Insurance
3%
$49
HOA
0%
$0
Property Management
12%
$228
CapEx
4%
$76
Vacancy
3%
$57
Maintenance
4%
$76
Other
11%
$209