This property might be a fair Mid-Term investment with a projected 7.19% first-year return on $44,229 initial cash invested.
7.19%
Cash On Cash
9.82%
Cap Rate
1.47
DSCR
$1,606
Rent
$265
Cashflow
Cash Flow
$1,606 income − $1,341 expenses = $265 cash flow
Investment Breakdown
|
Purchase Price
$125k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$44,229
Downpayment
20%
$24,980
Closing costs
1%
$1,249
Rehab
0%
$0
Furnishing
14%
$18,000
Cashflow
Total Income
$1,606
Total Expenses
$1,341
Mortgage P&I
43%
$693
Property Taxes
4%
$58
Home Insurance
3%
$44
HOA
0%
$0
Property Management
12%
$193
CapEx
4%
$64
Vacancy
3%
$48
Maintenance
4%
$64
Other
11%
$177