This property might be a fair Mid-Term investment with a projected 8.28% first-year return on $48,429 initial cash invested.
8.28%
Cash On Cash
10.07%
Cap Rate
1.52
DSCR
$2,092
Rent
$334
Cashflow
Cash Flow
$2,092 income − $1,758 expenses = $334 cash flow
Investment Breakdown
|
Purchase Price
$145k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$48,429
Downpayment
20%
$28,980
Closing costs
1%
$1,449
Rehab
0%
$0
Furnishing
12%
$18,000
Cashflow
Total Income
$2,092
Total Expenses
$1,758
Mortgage P&I
38%
$798
Property Taxes
9%
$197
Home Insurance
2%
$51
HOA
0%
$0
Property Management
12%
$251
CapEx
4%
$84
Vacancy
3%
$63
Maintenance
4%
$84
Other
11%
$230