This property might be a fair Mid-Term investment with a projected 8.71% first-year return on $47,820 initial cash invested.
8.71%
Cash On Cash
10.39%
Cap Rate
1.55
DSCR
$2,236
Rent
$347
Cashflow
Cash Flow
$2,236 income − $1,889 expenses = $347 cash flow
Investment Breakdown
|
Purchase Price
$142k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$47,820
Downpayment
20%
$28,400
Closing costs
1%
$1,420
Rehab
0%
$0
Furnishing
13%
$18,000
Cashflow
Total Income
$2,236
Total Expenses
$1,889
Mortgage P&I
36%
$794
Property Taxes
12%
$268
Home Insurance
3%
$68
HOA
0%
$0
Property Management
12%
$268
CapEx
4%
$89
Vacancy
3%
$67
Maintenance
4%
$89
Other
11%
$246