This property might be a fair Mid-Term investment with a projected 8.29% first-year return on $48,366 initial cash invested.
8.29%
Cash On Cash
10.21%
Cap Rate
1.51
DSCR
$2,072
Rent
$334
Cashflow
Cash Flow
$2,072 income − $1,738 expenses = $334 cash flow
Investment Breakdown
|
Purchase Price
$145k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$48,366
Downpayment
20%
$28,920
Closing costs
1%
$1,446
Rehab
0%
$0
Furnishing
12%
$18,000
Cashflow
Total Income
$2,072
Total Expenses
$1,738
Mortgage P&I
39%
$813
Property Taxes
8%
$164
Home Insurance
3%
$56
HOA
0%
$0
Property Management
12%
$249
CapEx
4%
$83
Vacancy
3%
$62
Maintenance
4%
$83
Other
11%
$228