This property might be a fair Mid-Term investment with a projected 1.98% first-year return on $48,597 initial cash invested.
1.98%
Cash On Cash
7.77%
Cap Rate
1.19
DSCR
$1,814
Rent
$80
Cashflow
Cash Flow
$1,814 income − $1,734 expenses = $80 cash flow
Investment Breakdown
|
Purchase Price
$146k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$48,597
Downpayment
20%
$29,140
Closing costs
1%
$1,457
Rehab
0%
$0
Furnishing
12%
$18,000
Cashflow
Total Income
$1,814
Total Expenses
$1,734
Mortgage P&I
44%
$790
Property Taxes
15%
$274
Home Insurance
3%
$52
HOA
0%
$0
Property Management
12%
$218
CapEx
4%
$73
Vacancy
3%
$54
Maintenance
4%
$73
Other
11%
$200