This property might be a fair Mid-Term investment with a projected 7.74% first-year return on $49,899 initial cash invested.
7.74%
Cash On Cash
10.06%
Cap Rate
1.46
DSCR
$1,988
Rent
$322
Cashflow
Cash Flow
$1,988 income − $1,666 expenses = $322 cash flow
Investment Breakdown
|
Purchase Price
$152k
Downpayment
20.0%
Interest Rate
7.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$49,899
Downpayment
20%
$30,380
Closing costs
1%
$1,519
Rehab
0%
$0
Furnishing
12%
$18,000
Cashflow
Total Income
$1,988
Total Expenses
$1,666
Mortgage P&I
44%
$872
Property Taxes
3%
$56
Home Insurance
3%
$60
HOA
0%
$0
Property Management
12%
$239
CapEx
4%
$80
Vacancy
3%
$60
Maintenance
4%
$80
Other
11%
$219