This property might be a fair Mid-Term investment with a projected 4.38% first-year return on $48,450 initial cash invested.
4.38%
Cash On Cash
8.75%
Cap Rate
1.3
DSCR
$1,676
Rent
$177
Cashflow
Cash Flow
$1,676 income − $1,499 expenses = $177 cash flow
Investment Breakdown
|
Purchase Price
$145k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$48,450
Downpayment
20%
$29,000
Closing costs
1%
$1,450
Rehab
0%
$0
Furnishing
12%
$18,000
Cashflow
Total Income
$1,676
Total Expenses
$1,499
Mortgage P&I
49%
$813
Property Taxes
4%
$66
Home Insurance
3%
$51
HOA
0%
$0
Property Management
12%
$201
CapEx
4%
$67
Vacancy
3%
$50
Maintenance
4%
$67
Other
11%
$184