This property might be a fair Mid-Term investment with a projected 3.82% first-year return on $42,696 initial cash invested.
3.82%
Cash On Cash
8.56%
Cap Rate
1.29
DSCR
$1,316
Rent
$136
Cashflow
Cash Flow
$1,316 income − $1,180 expenses = $136 cash flow
Investment Breakdown
|
Purchase Price
$118k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$42,696
Downpayment
20%
$23,520
Closing costs
1%
$1,176
Rehab
0%
$0
Furnishing
15%
$18,000
Cashflow
Total Income
$1,316
Total Expenses
$1,180
Mortgage P&I
49%
$650
Property Taxes
3%
$37
Home Insurance
3%
$45
HOA
0%
$0
Property Management
12%
$158
CapEx
4%
$53
Vacancy
3%
$39
Maintenance
4%
$53
Other
11%
$145