This property might be a fair Mid-Term investment with a projected 7.06% first-year return on $45,867 initial cash invested.
7.06%
Cash On Cash
9.79%
Cap Rate
1.46
DSCR
$1,779
Rent
$270
Cashflow
Cash Flow
$1,779 income − $1,509 expenses = $270 cash flow
Investment Breakdown
|
Purchase Price
$133k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$45,867
Downpayment
20%
$26,540
Closing costs
1%
$1,327
Rehab
0%
$0
Furnishing
14%
$18,000
Cashflow
Total Income
$1,779
Total Expenses
$1,509
Mortgage P&I
42%
$742
Property Taxes
4%
$70
Home Insurance
5%
$93
HOA
0%
$0
Property Management
12%
$213
CapEx
4%
$71
Vacancy
3%
$53
Maintenance
4%
$71
Other
11%
$196