This property might be a fair Mid-Term investment with a projected 9.72% first-year return on $46,035 initial cash invested.
9.72%
Cash On Cash
10.44%
Cap Rate
1.64
DSCR
$1,974
Rent
$373
Cashflow
Cash Flow
$1,974 income − $1,601 expenses = $373 cash flow
Investment Breakdown
|
Purchase Price
$134k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$46,035
Downpayment
20%
$26,700
Closing costs
1%
$1,335
Rehab
0%
$0
Furnishing
13%
$18,000
Cashflow
Total Income
$1,974
Total Expenses
$1,601
Mortgage P&I
36%
$709
Property Taxes
9%
$174
Home Insurance
2%
$47
HOA
0%
$0
Property Management
12%
$237
CapEx
4%
$79
Vacancy
3%
$59
Maintenance
4%
$79
Other
11%
$217