This property might be a fair Mid-Term investment with a projected 7.13% first-year return on $45,279 initial cash invested.
7.13%
Cash On Cash
9.91%
Cap Rate
1.45
DSCR
$1,642
Rent
$269
Cashflow
Cash Flow
$1,642 income − $1,373 expenses = $269 cash flow
Investment Breakdown
|
Purchase Price
$130k
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$45,279
Downpayment
20%
$25,980
Closing costs
1%
$1,299
Rehab
0%
$0
Furnishing
14%
$18,000
Cashflow
Total Income
$1,642
Total Expenses
$1,373
Mortgage P&I
45%
$738
Property Taxes
2%
$30
Home Insurance
3%
$46
HOA
0%
$0
Property Management
12%
$197
CapEx
4%
$66
Vacancy
3%
$49
Maintenance
4%
$66
Other
11%
$181