This property might be a fair Mid-Term investment with a projected 5.26% first-year return on $49,710 initial cash invested.
5.26%
Cash On Cash
8.97%
Cap Rate
1.35
DSCR
$1,936
Rent
$218
Cashflow
Cash Flow
$1,936 income − $1,718 expenses = $218 cash flow
Investment Breakdown
|
Purchase Price
$151k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$49,710
Downpayment
20%
$30,200
Closing costs
1%
$1,510
Rehab
0%
$0
Furnishing
12%
$18,000
Cashflow
Total Income
$1,936
Total Expenses
$1,718
Mortgage P&I
43%
$834
Property Taxes
9%
$173
Home Insurance
3%
$54
HOA
0%
$0
Property Management
12%
$232
CapEx
4%
$77
Vacancy
3%
$58
Maintenance
4%
$77
Other
11%
$213