This property might be a fair Mid-Term investment with a projected 2.33% first-year return on $45,300 initial cash invested.
2.33%
Cash On Cash
7.57%
Cap Rate
1.21
DSCR
$1,314
Rent
$88
Cashflow
Cash Flow
$1,314 income − $1,226 expenses = $88 cash flow
Investment Breakdown
|
Purchase Price
$130k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$45,300
Downpayment
20%
$26,000
Closing costs
1%
$1,300
Rehab
0%
$0
Furnishing
14%
$18,000
Cashflow
Total Income
$1,314
Total Expenses
$1,226
Mortgage P&I
52%
$679
Property Taxes
4%
$53
Home Insurance
4%
$46
HOA
0%
$0
Property Management
12%
$158
CapEx
4%
$53
Vacancy
3%
$39
Maintenance
4%
$53
Other
11%
$145