This property might be a fair Mid-Term investment with a projected 3.57% first-year return on $40,050 initial cash invested.
3.57%
Cash On Cash
8.74%
Cap Rate
1.29
DSCR
$1,371
Rent
$119
Cashflow
Cash Flow
$1,371 income − $1,252 expenses = $119 cash flow
Investment Breakdown
|
Purchase Price
$105k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$40,050
Downpayment
20%
$21,000
Closing costs
1%
$1,050
Rehab
0%
$0
Furnishing
17%
$18,000
Cashflow
Total Income
$1,371
Total Expenses
$1,252
Mortgage P&I
43%
$591
Property Taxes
11%
$157
Home Insurance
3%
$37
HOA
0%
$0
Property Management
12%
$165
CapEx
4%
$55
Vacancy
3%
$41
Maintenance
4%
$55
Other
11%
$151