This property might be a fair Mid-Term investment with a projected 2.95% first-year return on $39,840 initial cash invested.
2.95%
Cash On Cash
8.01%
Cap Rate
1.28
DSCR
$1,365
Rent
$98
Cashflow
Cash Flow
$1,365 income − $1,267 expenses = $98 cash flow
Investment Breakdown
|
Purchase Price
$104k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$39,840
Downpayment
20%
$20,800
Closing costs
1%
$1,040
Rehab
0%
$0
Furnishing
17%
$18,000
Cashflow
Total Income
$1,365
Total Expenses
$1,267
Mortgage P&I
40%
$541
Property Taxes
16%
$225
Home Insurance
3%
$36
HOA
0%
$0
Property Management
12%
$164
CapEx
4%
$55
Vacancy
3%
$41
Maintenance
4%
$55
Other
11%
$150