This property might be a fair Mid-Term investment with a projected 3.21% first-year return on $44,439 initial cash invested.
3.21%
Cash On Cash
8.45%
Cap Rate
1.25
DSCR
$1,494
Rent
$119
Cashflow
Cash Flow
$1,494 income − $1,375 expenses = $119 cash flow
Investment Breakdown
|
Purchase Price
$126k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$44,439
Downpayment
20%
$25,180
Closing costs
1%
$1,259
Rehab
0%
$0
Furnishing
14%
$18,000
Cashflow
Total Income
$1,494
Total Expenses
$1,375
Mortgage P&I
47%
$708
Property Taxes
5%
$72
Home Insurance
6%
$87
HOA
0%
$0
Property Management
12%
$179
CapEx
4%
$60
Vacancy
3%
$45
Maintenance
4%
$60
Other
11%
$164