This property might be a fair Mid-Term investment with a projected 5.77% first-year return on $47,190 initial cash invested.
5.77%
Cash On Cash
9%
Cap Rate
1.39
DSCR
$1,690
Rent
$227
Cashflow
Cash Flow
$1,690 income − $1,463 expenses = $227 cash flow
Investment Breakdown
|
Purchase Price
$139k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$47,190
Downpayment
20%
$27,800
Closing costs
1%
$1,390
Rehab
0%
$0
Furnishing
13%
$18,000
Cashflow
Total Income
$1,690
Total Expenses
$1,463
Mortgage P&I
44%
$748
Property Taxes
5%
$90
Home Insurance
3%
$49
HOA
0%
$0
Property Management
12%
$203
CapEx
4%
$68
Vacancy
3%
$51
Maintenance
4%
$68
Other
11%
$186