This property might be a fair Mid-Term investment with a projected 2.11% first-year return on $48,828 initial cash invested.
2.11%
Cash On Cash
7.95%
Cap Rate
1.2
DSCR
$1,815
Rent
$86
Cashflow
Cash Flow
$1,815 income − $1,729 expenses = $86 cash flow
Investment Breakdown
|
Purchase Price
$147k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$48,828
Downpayment
20%
$29,360
Closing costs
1%
$1,468
Rehab
0%
$0
Furnishing
12%
$18,000
Cashflow
Total Income
$1,815
Total Expenses
$1,729
Mortgage P&I
45%
$814
Property Taxes
12%
$220
Home Insurance
4%
$77
HOA
0%
$0
Property Management
12%
$218
CapEx
4%
$73
Vacancy
3%
$54
Maintenance
4%
$73
Other
11%
$200