This property might be a fair Mid-Term investment with a projected 8.12% first-year return on $48,933 initial cash invested.
8.12%
Cash On Cash
9.88%
Cap Rate
1.52
DSCR
$2,112
Rent
$331
Cashflow
Cash Flow
$2,112 income − $1,781 expenses = $331 cash flow
Investment Breakdown
|
Purchase Price
$147k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$48,933
Downpayment
20%
$29,460
Closing costs
1%
$1,473
Rehab
0%
$0
Furnishing
12%
$18,000
Cashflow
Total Income
$2,112
Total Expenses
$1,781
Mortgage P&I
38%
$798
Property Taxes
10%
$211
Home Insurance
3%
$56
HOA
0%
$0
Property Management
12%
$253
CapEx
4%
$84
Vacancy
3%
$63
Maintenance
4%
$84
Other
11%
$232