This property might be a fair Mid-Term investment with a projected 6.09% first-year return on $48,681 initial cash invested.
6.09%
Cash On Cash
9.07%
Cap Rate
1.4
DSCR
$1,786
Rent
$247
Cashflow
Cash Flow
$1,786 income − $1,539 expenses = $247 cash flow
Investment Breakdown
|
Purchase Price
$146k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$48,681
Downpayment
20%
$29,220
Closing costs
1%
$1,461
Rehab
0%
$0
Furnishing
12%
$18,000
Cashflow
Total Income
$1,786
Total Expenses
$1,539
Mortgage P&I
44%
$786
Property Taxes
5%
$96
Home Insurance
3%
$51
HOA
0%
$0
Property Management
12%
$214
CapEx
4%
$71
Vacancy
3%
$54
Maintenance
4%
$71
Other
11%
$196