This property might be a fair Mid-Term investment with a projected 9.25% first-year return on $39,588 initial cash invested.
9.25%
Cash On Cash
10.65%
Cap Rate
1.66
DSCR
$1,449
Rent
$305
Cashflow
Cash Flow
$1,449 income − $1,144 expenses = $305 cash flow
Investment Breakdown
|
Purchase Price
$103k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$39,588
Downpayment
20%
$20,560
Closing costs
1%
$1,028
Rehab
0%
$0
Furnishing
18%
$18,000
Cashflow
Total Income
$1,449
Total Expenses
$1,144
Mortgage P&I
38%
$549
Property Taxes
4%
$59
Home Insurance
3%
$44
HOA
0%
$0
Property Management
12%
$174
CapEx
4%
$58
Vacancy
3%
$43
Maintenance
4%
$58
Other
11%
$159