This property might be a fair Mid-Term investment with a projected 8.35% first-year return on $48,450 initial cash invested.
8.35%
Cash On Cash
10.3%
Cap Rate
1.52
DSCR
$2,241
Rent
$337
Cashflow
Cash Flow
$2,241 income − $1,904 expenses = $337 cash flow
Investment Breakdown
|
Purchase Price
$145k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$48,450
Downpayment
20%
$29,000
Closing costs
1%
$1,450
Rehab
0%
$0
Furnishing
12%
$18,000
Cashflow
Total Income
$2,241
Total Expenses
$1,904
Mortgage P&I
37%
$818
Property Taxes
12%
$271
Home Insurance
2%
$52
HOA
0%
$0
Property Management
12%
$269
CapEx
4%
$90
Vacancy
3%
$67
Maintenance
4%
$90
Other
11%
$247