This property might be a fair Mid-Term investment with a projected 9.36% first-year return on $44,250 initial cash invested.
9.36%
Cash On Cash
10.73%
Cap Rate
1.61
DSCR
$2,006
Rent
$345
Cashflow
Cash Flow
$2,006 income − $1,661 expenses = $345 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
$2,006
Total Expenses
$1,661
Mortgage P&I
35%
$693
Property Taxes
12%
$242
Home Insurance
2%
$44
HOA
0%
$0
Property Management
12%
$241
CapEx
4%
$80
Vacancy
3%
$60
Maintenance
4%
$80
Other
11%
$221