This property might be a fair Mid-Term investment with a projected 1.85% first-year return on $38,187 initial cash invested.
1.85%
Cash On Cash
7.92%
Cap Rate
1.17
DSCR
$1,520
Rent
$59
Cashflow
Cash Flow
$1,520 income − $1,461 expenses = $59 cash flow
Investment Breakdown
|
Purchase Price
$125k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$38,187
Downpayment
20%
$24,940
Closing costs
1%
$1,247
Rehab
0%
$0
Furnishing
10%
$12,000
Cashflow
Total Income
$1,520
Total Expenses
$1,461
Mortgage P&I
46%
$703
Property Taxes
13%
$197
Home Insurance
3%
$44
HOA
0%
$0
Property Management
12%
$182
CapEx
4%
$61
Vacancy
3%
$46
Maintenance
4%
$61
Other
11%
$167