This property might be a fair Mid-Term investment with a projected 5.15% first-year return on $48,261 initial cash invested.
5.15%
Cash On Cash
9.01%
Cap Rate
1.35
DSCR
$1,828
Rent
$207
Cashflow
Cash Flow
$1,828 income − $1,621 expenses = $207 cash flow
Investment Breakdown
|
Purchase Price
$144k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$48,261
Downpayment
20%
$28,820
Closing costs
1%
$1,441
Rehab
0%
$0
Furnishing
12%
$18,000
Cashflow
Total Income
$1,828
Total Expenses
$1,621
Mortgage P&I
44%
$802
Property Taxes
9%
$158
Home Insurance
2%
$40
HOA
0%
$0
Property Management
12%
$219
CapEx
4%
$73
Vacancy
3%
$55
Maintenance
4%
$73
Other
11%
$201