This property might be a fair Mid-Term investment with a projected 6.41% first-year return on $48,450 initial cash invested.
6.41%
Cash On Cash
8.84%
Cap Rate
1.45
DSCR
$1,816
Rent
$259
Cashflow
Cash Flow
$1,816 income − $1,557 expenses = $259 cash flow
Investment Breakdown
|
Purchase Price
$145k
Downpayment
20.0%
Interest Rate
6.5%
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
$1,816
Total Expenses
$1,557
Mortgage P&I
41%
$736
Property Taxes
8%
$152
Home Insurance
3%
$51
HOA
0%
$0
Property Management
12%
$218
CapEx
4%
$73
Vacancy
3%
$54
Maintenance
4%
$73
Other
11%
$200