This property might be a fair Mid-Term investment with a projected 7.36% first-year return on $47,946 initial cash invested.
7.36%
Cash On Cash
9.49%
Cap Rate
1.47
DSCR
$1,728
Rent
$294
Cashflow
Cash Flow
$1,728 income − $1,434 expenses = $294 cash flow
Investment Breakdown
|
Purchase Price
$143k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$47,946
Downpayment
20%
$28,520
Closing costs
1%
$1,426
Rehab
0%
$0
Furnishing
13%
$18,000
Cashflow
Total Income
$1,728
Total Expenses
$1,434
Mortgage P&I
44%
$765
Property Taxes
2%
$30
Home Insurance
3%
$52
HOA
0%
$0
Property Management
12%
$207
CapEx
4%
$69
Vacancy
3%
$52
Maintenance
4%
$69
Other
11%
$190