This property might be a fair Mid-Term investment with a projected 1.33% first-year return on $48,870 initial cash invested.
1.33%
Cash On Cash
7.21%
Cap Rate
1.15
DSCR
$1,448
Rent
$54
Cashflow
Cash Flow
$1,448 income − $1,394 expenses = $54 cash flow
Investment Breakdown
|
Purchase Price
$147k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$48,870
Downpayment
20%
$29,400
Closing costs
1%
$1,470
Rehab
0%
$0
Furnishing
12%
$18,000
Cashflow
Total Income
$1,448
Total Expenses
$1,394
Mortgage P&I
53%
$771
Property Taxes
6%
$80
Home Insurance
4%
$51
HOA
0%
$0
Property Management
12%
$174
CapEx
4%
$58
Vacancy
3%
$43
Maintenance
4%
$58
Other
11%
$159