This property might be a fair Mid-Term investment with a projected 9.11% first-year return on $45,300 initial cash invested.
9.11%
Cash On Cash
10.24%
Cap Rate
1.59
DSCR
$1,722
Rent
$344
Cashflow
Cash Flow
$1,722 income − $1,378 expenses = $344 cash flow
Investment Breakdown
|
Purchase Price
$130k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$45,300
Downpayment
20%
$26,000
Closing costs
1%
$1,300
Rehab
0%
$0
Furnishing
14%
$18,000
Cashflow
Total Income
$1,722
Total Expenses
$1,378
Mortgage P&I
40%
$696
Property Taxes
3%
$50
Home Insurance
3%
$46
HOA
0%
$0
Property Management
12%
$207
CapEx
4%
$69
Vacancy
3%
$52
Maintenance
4%
$69
Other
11%
$189