This property might be a fair Mid-Term investment with a projected 4.7% first-year return on $42,129 initial cash invested.
4.7%
Cash On Cash
9.08%
Cap Rate
1.34
DSCR
$1,358
Rent
$165
Cashflow
Cash Flow
$1,358 income − $1,193 expenses = $165 cash flow
Investment Breakdown
|
Purchase Price
$115k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$42,129
Downpayment
20%
$22,980
Closing costs
1%
$1,149
Rehab
0%
$0
Furnishing
16%
$18,000
Cashflow
Total Income
$1,358
Total Expenses
$1,193
Mortgage P&I
48%
$650
Property Taxes
3%
$42
Home Insurance
3%
$40
HOA
0%
$0
Property Management
12%
$163
CapEx
4%
$54
Vacancy
3%
$41
Maintenance
4%
$54
Other
11%
$149