This property might be a fair Mid-Term investment with a projected 9.5% first-year return on $51,138 initial cash invested.
9.5%
Cash On Cash
10.38%
Cap Rate
1.57
DSCR
$2,204
Rent
$405
Cashflow
Cash Flow
$2,204 income − $1,799 expenses = $405 cash flow
Investment Breakdown
|
Purchase Price
$158k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$51,138
Downpayment
20%
$31,560
Closing costs
1%
$1,578
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$2,204
Total Expenses
$1,799
Mortgage P&I
40%
$872
Property Taxes
6%
$123
Home Insurance
3%
$56
HOA
0%
$0
Property Management
12%
$264
CapEx
4%
$88
Vacancy
3%
$66
Maintenance
4%
$88
Other
11%
$242