This property might be a fair Mid-Term investment with a projected 4.25% first-year return on $50,550 initial cash invested.
4.25%
Cash On Cash
8.71%
Cap Rate
1.3
DSCR
$1,950
Rent
$179
Cashflow
Cash Flow
$1,950 income − $1,771 expenses = $179 cash flow
Investment Breakdown
|
Purchase Price
$155k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$50,550
Downpayment
20%
$31,000
Closing costs
1%
$1,550
Rehab
0%
$0
Furnishing
12%
$18,000
Cashflow
Total Income
$1,950
Total Expenses
$1,771
Mortgage P&I
45%
$868
Property Taxes
10%
$187
Home Insurance
3%
$54
HOA
0%
$0
Property Management
12%
$234
CapEx
4%
$78
Vacancy
3%
$58
Maintenance
4%
$78
Other
11%
$214