This property might be a fair Mid-Term investment with a projected 3.96% first-year return on $46,329 initial cash invested.
3.96%
Cash On Cash
8.62%
Cap Rate
1.31
DSCR
$1,838
Rent
$153
Cashflow
Cash Flow
$1,838 income − $1,685 expenses = $153 cash flow
Investment Breakdown
|
Purchase Price
$135k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$46,329
Downpayment
20%
$26,980
Closing costs
1%
$1,349
Rehab
0%
$0
Furnishing
13%
$18,000
Cashflow
Total Income
$1,838
Total Expenses
$1,685
Mortgage P&I
40%
$742
Property Taxes
15%
$270
Home Insurance
3%
$47
HOA
0%
$0
Property Management
12%
$221
CapEx
4%
$74
Vacancy
3%
$55
Maintenance
4%
$74
Other
11%
$202