This property might be a fair Mid-Term investment with a projected 7.85% first-year return on $46,329 initial cash invested.
7.85%
Cash On Cash
9.59%
Cap Rate
1.53
DSCR
$1,812
Rent
$303
Cashflow
Cash Flow
$1,812 income − $1,509 expenses = $303 cash flow
Investment Breakdown
|
Purchase Price
$135k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$46,329
Downpayment
20%
$26,980
Closing costs
1%
$1,349
Rehab
0%
$0
Furnishing
13%
$18,000
Cashflow
Total Income
$1,812
Total Expenses
$1,509
Mortgage P&I
39%
$703
Property Taxes
8%
$145
Home Insurance
3%
$47
HOA
0%
$0
Property Management
12%
$217
CapEx
4%
$72
Vacancy
3%
$54
Maintenance
4%
$72
Other
11%
$199