This property might be a fair Mid-Term investment with a projected 7.25% first-year return on $49,479 initial cash invested.
7.25%
Cash On Cash
9.65%
Cap Rate
1.48
DSCR
$2,254
Rent
$299
Cashflow
Cash Flow
$2,254 income − $1,955 expenses = $299 cash flow
Investment Breakdown
|
Purchase Price
$150k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$49,479
Downpayment
20%
$29,980
Closing costs
1%
$1,499
Rehab
0%
$0
Furnishing
12%
$18,000
Cashflow
Total Income
$2,254
Total Expenses
$1,955
Mortgage P&I
36%
$816
Property Taxes
14%
$321
Home Insurance
2%
$52
HOA
0%
$0
Property Management
12%
$270
CapEx
4%
$90
Vacancy
3%
$68
Maintenance
4%
$90
Other
11%
$248