This property might be a fair Mid-Term investment with a projected 6.96% first-year return on $40,890 initial cash invested.
6.96%
Cash On Cash
10.12%
Cap Rate
1.5
DSCR
$1,692
Rent
$237
Cashflow
Cash Flow
$1,692 income − $1,455 expenses = $237 cash flow
Investment Breakdown
|
Purchase Price
$109k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$40,890
Downpayment
20%
$21,800
Closing costs
1%
$1,090
Rehab
0%
$0
Furnishing
17%
$18,000
Cashflow
Total Income
$1,692
Total Expenses
$1,455
Mortgage P&I
36%
$614
Property Taxes
13%
$227
Home Insurance
2%
$38
HOA
0%
$0
Property Management
12%
$203
CapEx
4%
$68
Vacancy
3%
$51
Maintenance
4%
$68
Other
11%
$186