This property might be a fair Mid-Term investment with a projected 8.21% first-year return on $40,050 initial cash invested.
8.21%
Cash On Cash
10.59%
Cap Rate
1.57
DSCR
$1,551
Rent
$274
Cashflow
Cash Flow
$1,551 income − $1,277 expenses = $274 cash flow
Investment Breakdown
|
Purchase Price
$105k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$40,050
Downpayment
20%
$21,000
Closing costs
1%
$1,050
Rehab
0%
$0
Furnishing
17%
$18,000
Cashflow
Total Income
$1,551
Total Expenses
$1,277
Mortgage P&I
38%
$591
Property Taxes
8%
$121
Home Insurance
2%
$37
HOA
0%
$0
Property Management
12%
$186
CapEx
4%
$62
Vacancy
3%
$47
Maintenance
4%
$62
Other
11%
$171