This property might be a fair Mid-Term investment with a projected 8.99% first-year return on $46,728 initial cash invested.
8.99%
Cash On Cash
10.44%
Cap Rate
1.55
DSCR
$1,822
Rent
$350
Cashflow
Cash Flow
$1,822 income − $1,472 expenses = $350 cash flow
Investment Breakdown
|
Purchase Price
$137k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$46,728
Downpayment
20%
$27,360
Closing costs
1%
$1,368
Rehab
0%
$0
Furnishing
13%
$18,000
Cashflow
Total Income
$1,822
Total Expenses
$1,472
Mortgage P&I
42%
$767
Property Taxes
2%
$36
Home Insurance
3%
$49
HOA
0%
$0
Property Management
12%
$219
CapEx
4%
$73
Vacancy
3%
$55
Maintenance
4%
$73
Other
11%
$200