This property might be a fair Mid-Term investment with a projected 9.96% first-year return on $48,429 initial cash invested.
9.96%
Cash On Cash
10.6%
Cap Rate
1.6
DSCR
$2,006
Rent
$402
Cashflow
Cash Flow
$2,006 income − $1,604 expenses = $402 cash flow
Investment Breakdown
|
Purchase Price
$145k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$48,429
Downpayment
20%
$28,980
Closing costs
1%
$1,449
Rehab
0%
$0
Furnishing
12%
$18,000
Cashflow
Total Income
$2,006
Total Expenses
$1,604
Mortgage P&I
40%
$798
Property Taxes
4%
$73
Home Insurance
3%
$51
HOA
0%
$0
Property Management
12%
$241
CapEx
4%
$80
Vacancy
3%
$60
Maintenance
4%
$80
Other
11%
$221