This property might be a fair Mid-Term investment with a projected 9.14% first-year return on $50,277 initial cash invested.
9.14%
Cash On Cash
10.21%
Cap Rate
1.56
DSCR
$2,092
Rent
$383
Cashflow
Cash Flow
$2,092 income − $1,709 expenses = $383 cash flow
Investment Breakdown
|
Purchase Price
$154k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$50,277
Downpayment
20%
$30,740
Closing costs
1%
$1,537
Rehab
0%
$0
Furnishing
12%
$18,000
Cashflow
Total Income
$2,092
Total Expenses
$1,709
Mortgage P&I
40%
$841
Property Taxes
5%
$104
Home Insurance
2%
$52
HOA
0%
$0
Property Management
12%
$251
CapEx
4%
$84
Vacancy
3%
$63
Maintenance
4%
$84
Other
11%
$230