This property might be a fair Mid-Term investment with a projected 4.21% first-year return on $49,290 initial cash invested.
4.21%
Cash On Cash
8.67%
Cap Rate
1.29
DSCR
$1,642
Rent
$173
Cashflow
Cash Flow
$1,642 income − $1,469 expenses = $173 cash flow
Investment Breakdown
|
Purchase Price
$149k
Downpayment
20.0%
Interest Rate
7.5%
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
$1,642
Total Expenses
$1,469
Mortgage P&I
51%
$837
Property Taxes
1%
$21
Home Insurance
3%
$52
HOA
0%
$0
Property Management
12%
$197
CapEx
4%
$66
Vacancy
3%
$49
Maintenance
4%
$66
Other
11%
$181