This property might be a fair Mid-Term investment with a projected 7.59% first-year return on $48,387 initial cash invested.
7.59%
Cash On Cash
9.63%
Cap Rate
1.53
DSCR
$2,414
Rent
$306
Cashflow
Cash Flow
$2,414 income − $2,108 expenses = $306 cash flow
Investment Breakdown
|
Purchase Price
$145k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$48,387
Downpayment
20%
$28,940
Closing costs
1%
$1,447
Rehab
0%
$0
Furnishing
12%
$18,000
Cashflow
Total Income
$2,414
Total Expenses
$2,108
Mortgage P&I
31%
$758
Property Taxes
19%
$465
Home Insurance
3%
$63
HOA
0%
$0
Property Management
12%
$290
CapEx
4%
$97
Vacancy
3%
$72
Maintenance
4%
$97
Other
11%
$266