This property might be a fair Mid-Term investment with a projected 5.56% first-year return on $48,345 initial cash invested.
5.56%
Cash On Cash
8.95%
Cap Rate
1.39
DSCR
$1,912
Rent
$224
Cashflow
Cash Flow
$1,912 income − $1,688 expenses = $224 cash flow
Investment Breakdown
|
Purchase Price
$145k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$48,345
Downpayment
20%
$28,900
Closing costs
1%
$1,445
Rehab
0%
$0
Furnishing
12%
$18,000
Cashflow
Total Income
$1,912
Total Expenses
$1,688
Mortgage P&I
41%
$778
Property Taxes
11%
$211
Home Insurance
3%
$51
HOA
0%
$0
Property Management
12%
$229
CapEx
4%
$76
Vacancy
3%
$57
Maintenance
4%
$76
Other
11%
$210