This property might be a fair Mid-Term investment with a projected 9.25% first-year return on $45,300 initial cash invested.
9.25%
Cash On Cash
10.62%
Cap Rate
1.58
DSCR
$1,882
Rent
$349
Cashflow
Cash Flow
$1,882 income − $1,533 expenses = $349 cash flow
Investment Breakdown
|
Purchase Price
$130k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$45,300
Downpayment
20%
$26,000
Closing costs
1%
$1,300
Rehab
0%
$0
Furnishing
14%
$18,000
Cashflow
Total Income
$1,882
Total Expenses
$1,533
Mortgage P&I
39%
$727
Property Taxes
6%
$121
Home Insurance
2%
$46
HOA
0%
$0
Property Management
12%
$226
CapEx
4%
$75
Vacancy
3%
$56
Maintenance
4%
$75
Other
11%
$207