This property might be a fair Mid-Term investment with a projected 1.24% first-year return on $49,290 initial cash invested.
1.24%
Cash On Cash
7.59%
Cap Rate
1.15
DSCR
$1,742
Rent
$51
Cashflow
Cash Flow
$1,742 income − $1,691 expenses = $51 cash flow
Investment Breakdown
|
Purchase Price
$149k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$49,290
Downpayment
20%
$29,800
Closing costs
1%
$1,490
Rehab
0%
$0
Furnishing
12%
$18,000
Cashflow
Total Income
$1,742
Total Expenses
$1,691
Mortgage P&I
47%
$821
Property Taxes
13%
$225
Home Insurance
3%
$52
HOA
0%
$0
Property Management
12%
$209
CapEx
4%
$70
Vacancy
3%
$52
Maintenance
4%
$70
Other
11%
$192