This property might be a fair Mid-Term investment with a projected 2.51% first-year return on $48,366 initial cash invested.
2.51%
Cash On Cash
8.1%
Cap Rate
1.21
DSCR
$1,773
Rent
$101
Cashflow
Cash Flow
$1,773 income − $1,672 expenses = $101 cash flow
Investment Breakdown
|
Purchase Price
$145k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$48,366
Downpayment
20%
$28,920
Closing costs
1%
$1,446
Rehab
0%
$0
Furnishing
12%
$18,000
Cashflow
Total Income
$1,773
Total Expenses
$1,672
Mortgage P&I
45%
$804
Property Taxes
12%
$204
Home Insurance
3%
$61
HOA
0%
$0
Property Management
12%
$213
CapEx
4%
$71
Vacancy
3%
$53
Maintenance
4%
$71
Other
11%
$195