This property might be a fair Mid-Term investment with a projected 6.39% first-year return on $45,657 initial cash invested.
6.39%
Cash On Cash
9.6%
Cap Rate
1.44
DSCR
$1,935
Rent
$243
Cashflow
Cash Flow
$1,935 income − $1,692 expenses = $243 cash flow
Investment Breakdown
|
Purchase Price
$132k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$45,657
Downpayment
20%
$26,340
Closing costs
1%
$1,317
Rehab
0%
$0
Furnishing
14%
$18,000
Cashflow
Total Income
$1,935
Total Expenses
$1,692
Mortgage P&I
38%
$734
Property Taxes
13%
$252
Home Insurance
3%
$49
HOA
0%
$0
Property Management
12%
$232
CapEx
4%
$77
Vacancy
3%
$58
Maintenance
4%
$77
Other
11%
$213