This property might be a fair Mid-Term investment with a projected 8.74% first-year return on $46,812 initial cash invested.
8.74%
Cash On Cash
10.09%
Cap Rate
1.57
DSCR
$1,941
Rent
$341
Cashflow
Cash Flow
$1,941 income − $1,600 expenses = $341 cash flow
Investment Breakdown
|
Purchase Price
$137k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$46,812
Downpayment
20%
$27,440
Closing costs
1%
$1,372
Rehab
0%
$0
Furnishing
13%
$18,000
Cashflow
Total Income
$1,941
Total Expenses
$1,600
Mortgage P&I
38%
$735
Property Taxes
8%
$155
Home Insurance
3%
$49
HOA
0%
$0
Property Management
12%
$233
CapEx
4%
$78
Vacancy
3%
$58
Maintenance
4%
$78
Other
11%
$214