This property might be a fair Mid-Term investment with a projected 9.46% first-year return on $50,361 initial cash invested.
9.46%
Cash On Cash
10.43%
Cap Rate
1.57
DSCR
$2,270
Rent
$397
Cashflow
Cash Flow
$2,270 income − $1,873 expenses = $397 cash flow
Investment Breakdown
|
Purchase Price
$154k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$50,361
Downpayment
20%
$30,820
Closing costs
1%
$1,541
Rehab
0%
$0
Furnishing
12%
$18,000
Cashflow
Total Income
$2,270
Total Expenses
$1,873
Mortgage P&I
37%
$851
Property Taxes
9%
$198
Home Insurance
2%
$52
HOA
0%
$0
Property Management
12%
$272
CapEx
4%
$91
Vacancy
3%
$68
Maintenance
4%
$91
Other
11%
$250