This property might be a fair Mid-Term investment with a projected 5.02% first-year return on $49,500 initial cash invested.
5.02%
Cash On Cash
8.85%
Cap Rate
1.33
DSCR
$1,740
Rent
$207
Cashflow
Cash Flow
$1,740 income − $1,533 expenses = $207 cash flow
Investment Breakdown
|
Purchase Price
$150k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$49,500
Downpayment
20%
$30,000
Closing costs
1%
$1,500
Rehab
0%
$0
Furnishing
12%
$18,000
Cashflow
Total Income
$1,740
Total Expenses
$1,533
Mortgage P&I
48%
$829
Property Taxes
3%
$60
Home Insurance
3%
$52
HOA
0%
$0
Property Management
12%
$209
CapEx
4%
$70
Vacancy
3%
$52
Maintenance
4%
$70
Other
11%
$191