This property might be a fair Mid-Term investment with a projected 2.53% first-year return on $49,773 initial cash invested.
2.53%
Cash On Cash
8.13%
Cap Rate
1.2
DSCR
$1,650
Rent
$105
Cashflow
Cash Flow
$1,650 income − $1,545 expenses = $105 cash flow
Investment Breakdown
|
Purchase Price
$151k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$49,773
Downpayment
20%
$30,260
Closing costs
1%
$1,513
Rehab
0%
$0
Furnishing
12%
$18,000
Cashflow
Total Income
$1,650
Total Expenses
$1,545
Mortgage P&I
52%
$854
Property Taxes
3%
$54
Home Insurance
5%
$75
HOA
0%
$0
Property Management
12%
$198
CapEx
4%
$66
Vacancy
3%
$50
Maintenance
4%
$66
Other
11%
$182