This property might be a fair Mid-Term investment with a projected 6.19% first-year return on $45,195 initial cash invested.
6.19%
Cash On Cash
9.48%
Cap Rate
1.41
DSCR
$1,642
Rent
$233
Cashflow
Cash Flow
$1,642 income − $1,409 expenses = $233 cash flow
Investment Breakdown
|
Purchase Price
$130k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$45,195
Downpayment
20%
$25,900
Closing costs
1%
$1,295
Rehab
0%
$0
Furnishing
14%
$18,000
Cashflow
Total Income
$1,642
Total Expenses
$1,409
Mortgage P&I
44%
$724
Property Taxes
4%
$66
Home Insurance
4%
$60
HOA
0%
$0
Property Management
12%
$197
CapEx
4%
$66
Vacancy
3%
$49
Maintenance
4%
$66
Other
11%
$181