This property might be a fair Mid-Term investment with a projected 9.4% first-year return on $46,833 initial cash invested.
9.4%
Cash On Cash
10.63%
Cap Rate
1.57
DSCR
$1,824
Rent
$367
Cashflow
Cash Flow
$1,824 income − $1,457 expenses = $367 cash flow
Investment Breakdown
|
Purchase Price
$137k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$46,833
Downpayment
20%
$27,460
Closing costs
1%
$1,373
Rehab
0%
$0
Furnishing
13%
$18,000
Cashflow
Total Income
$1,824
Total Expenses
$1,457
Mortgage P&I
43%
$776
Property Taxes
1%
$17
Home Insurance
2%
$43
HOA
0%
$0
Property Management
12%
$219
CapEx
4%
$73
Vacancy
3%
$55
Maintenance
4%
$73
Other
11%
$201