This property might be a fair Mid-Term investment with a projected 3.27% first-year return on $48,450 initial cash invested.
3.27%
Cash On Cash
8.25%
Cap Rate
1.24
DSCR
$1,611
Rent
$132
Cashflow
Cash Flow
$1,611 income − $1,479 expenses = $132 cash flow
Investment Breakdown
|
Purchase Price
$145k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$48,450
Downpayment
20%
$29,000
Closing costs
1%
$1,450
Rehab
0%
$0
Furnishing
12%
$18,000
Cashflow
Total Income
$1,611
Total Expenses
$1,479
Mortgage P&I
50%
$801
Property Taxes
5%
$81
Home Insurance
3%
$51
HOA
0%
$0
Property Management
12%
$193
CapEx
4%
$64
Vacancy
3%
$48
Maintenance
4%
$64
Other
11%
$177