This property might be a fair Mid-Term investment with a projected 9.98% first-year return on $40,386 initial cash invested.
9.98%
Cash On Cash
10.75%
Cap Rate
1.71
DSCR
$1,486
Rent
$336
Cashflow
Cash Flow
$1,486 income − $1,150 expenses = $336 cash flow
Investment Breakdown
|
Purchase Price
$107k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$40,386
Downpayment
20%
$21,320
Closing costs
1%
$1,066
Rehab
0%
$0
Furnishing
17%
$18,000
Cashflow
Total Income
$1,486
Total Expenses
$1,150
Mortgage P&I
38%
$560
Property Taxes
2%
$25
Home Insurance
4%
$61
HOA
0%
$0
Property Management
12%
$178
CapEx
4%
$59
Vacancy
3%
$45
Maintenance
4%
$59
Other
11%
$163