This property might be a fair Mid-Term investment with a projected 5.83% first-year return on $42,990 initial cash invested.
5.83%
Cash On Cash
9.59%
Cap Rate
1.4
DSCR
$1,557
Rent
$209
Cashflow
Cash Flow
$1,557 income − $1,348 expenses = $209 cash flow
Investment Breakdown
|
Purchase Price
$119k
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$42,990
Downpayment
20%
$23,800
Closing costs
1%
$1,190
Rehab
0%
$0
Furnishing
15%
$18,000
Cashflow
Total Income
$1,557
Total Expenses
$1,348
Mortgage P&I
44%
$680
Property Taxes
6%
$97
Home Insurance
3%
$42
HOA
0%
$0
Property Management
12%
$187
CapEx
4%
$62
Vacancy
3%
$47
Maintenance
4%
$62
Other
11%
$171