This property might be a fair Mid-Term investment with a projected 3.19% first-year return on $50,802 initial cash invested.
3.19%
Cash On Cash
8.16%
Cap Rate
1.24
DSCR
$1,834
Rent
$135
Cashflow
Cash Flow
$1,834 income − $1,699 expenses = $135 cash flow
Investment Breakdown
|
Purchase Price
$156k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$50,802
Downpayment
20%
$31,240
Closing costs
1%
$1,562
Rehab
0%
$0
Furnishing
12%
$18,000
Cashflow
Total Income
$1,834
Total Expenses
$1,699
Mortgage P&I
47%
$854
Property Taxes
10%
$180
Home Insurance
2%
$42
HOA
0%
$0
Property Management
12%
$220
CapEx
4%
$73
Vacancy
3%
$55
Maintenance
4%
$73
Other
11%
$202