This property might be a fair Mid-Term investment with a projected 7.62% first-year return on $47,085 initial cash invested.
7.62%
Cash On Cash
9.71%
Cap Rate
1.5
DSCR
$1,934
Rent
$299
Cashflow
Cash Flow
$1,934 income − $1,635 expenses = $299 cash flow
Investment Breakdown
|
Purchase Price
$139k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$47,085
Downpayment
20%
$27,700
Closing costs
1%
$1,385
Rehab
0%
$0
Furnishing
13%
$18,000
Cashflow
Total Income
$1,934
Total Expenses
$1,635
Mortgage P&I
39%
$745
Property Taxes
9%
$175
Home Insurance
3%
$58
HOA
0%
$0
Property Management
12%
$232
CapEx
4%
$77
Vacancy
3%
$58
Maintenance
4%
$77
Other
11%
$213