This property might be a fair Mid-Term investment with a projected 9.79% first-year return on $44,250 initial cash invested.
9.79%
Cash On Cash
10.98%
Cap Rate
1.65
DSCR
$2,234
Rent
$361
Cashflow
Cash Flow
$2,234 income − $1,873 expenses = $361 cash flow
Investment Breakdown
|
Purchase Price
$125k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$44,250
Downpayment
20%
$25,000
Closing costs
1%
$1,250
Rehab
0%
$0
Furnishing
14%
$18,000
Cashflow
Total Income
$2,234
Total Expenses
$1,873
Mortgage P&I
31%
$694
Property Taxes
17%
$376
Home Insurance
2%
$44
HOA
0%
$0
Property Management
12%
$268
CapEx
4%
$89
Vacancy
3%
$67
Maintenance
4%
$89
Other
11%
$246