This property might be a fair Mid-Term investment with a projected 8.34% first-year return on $47,358 initial cash invested.
8.34%
Cash On Cash
10.26%
Cap Rate
1.53
DSCR
$2,110
Rent
$329
Cashflow
Cash Flow
$2,110 income − $1,781 expenses = $329 cash flow
Investment Breakdown
|
Purchase Price
$140k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$47,358
Downpayment
20%
$27,960
Closing costs
1%
$1,398
Rehab
0%
$0
Furnishing
13%
$18,000
Cashflow
Total Income
$2,110
Total Expenses
$1,781
Mortgage P&I
37%
$782
Property Taxes
11%
$232
Home Insurance
2%
$51
HOA
0%
$0
Property Management
12%
$253
CapEx
4%
$84
Vacancy
3%
$63
Maintenance
4%
$84
Other
11%
$232