This property might be a fair Mid-Term investment with a projected 8.73% first-year return on $48,261 initial cash invested.
8.73%
Cash On Cash
10.32%
Cap Rate
1.54
DSCR
$2,084
Rent
$351
Cashflow
Cash Flow
$2,084 income − $1,733 expenses = $351 cash flow
Investment Breakdown
|
Purchase Price
$144k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$48,261
Downpayment
20%
$28,820
Closing costs
1%
$1,441
Rehab
0%
$0
Furnishing
12%
$18,000
Cashflow
Total Income
$2,084
Total Expenses
$1,733
Mortgage P&I
39%
$805
Property Taxes
8%
$168
Home Insurance
3%
$52
HOA
0%
$0
Property Management
12%
$250
CapEx
4%
$83
Vacancy
3%
$63
Maintenance
4%
$83
Other
11%
$229