This property might be a fair Mid-Term investment with a projected 8.37% first-year return on $48,450 initial cash invested.
8.37%
Cash On Cash
10.1%
Cap Rate
1.51
DSCR
$1,911
Rent
$338
Cashflow
Cash Flow
$1,911 income − $1,573 expenses = $338 cash flow
Investment Breakdown
|
Purchase Price
$145k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$48,450
Downpayment
20%
$29,000
Closing costs
1%
$1,450
Rehab
0%
$0
Furnishing
12%
$18,000
Cashflow
Total Income
$1,911
Total Expenses
$1,573
Mortgage P&I
42%
$806
Property Taxes
4%
$68
Home Insurance
3%
$51
HOA
0%
$0
Property Management
12%
$229
CapEx
4%
$76
Vacancy
3%
$57
Maintenance
4%
$76
Other
11%
$210