This property might be a fair Mid-Term investment with a projected 7.15% first-year return on $48,030 initial cash invested.
7.15%
Cash On Cash
9.86%
Cap Rate
1.47
DSCR
$2,205
Rent
$286
Cashflow
Cash Flow
$2,205 income − $1,919 expenses = $286 cash flow
Investment Breakdown
|
Purchase Price
$143k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$48,030
Downpayment
20%
$28,600
Closing costs
1%
$1,430
Rehab
0%
$0
Furnishing
13%
$18,000
Cashflow
Total Income
$2,205
Total Expenses
$1,919
Mortgage P&I
36%
$801
Property Taxes
14%
$318
Home Insurance
2%
$50
HOA
0%
$0
Property Management
12%
$265
CapEx
4%
$88
Vacancy
3%
$66
Maintenance
4%
$88
Other
11%
$243