This property might be a fair Mid-Term investment with a projected 9.39% first-year return on $48,450 initial cash invested.
9.39%
Cash On Cash
10.54%
Cap Rate
1.56
DSCR
$2,008
Rent
$379
Cashflow
Cash Flow
$2,008 income − $1,629 expenses = $379 cash flow
Investment Breakdown
|
Purchase Price
$145k
Downpayment
20.0%
Interest Rate
7.5%
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
$2,008
Total Expenses
$1,629
Mortgage P&I
41%
$814
Property Taxes
4%
$82
Home Insurance
3%
$51
HOA
0%
$0
Property Management
12%
$241
CapEx
4%
$80
Vacancy
3%
$60
Maintenance
4%
$80
Other
11%
$221