This property might be a fair Mid-Term investment with a projected 6.5% first-year return on $49,689 initial cash invested.
6.5%
Cash On Cash
9.36%
Cap Rate
1.42
DSCR
$1,918
Rent
$269
Cashflow
Cash Flow
$1,918 income − $1,649 expenses = $269 cash flow
Investment Breakdown
|
Purchase Price
$151k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$49,689
Downpayment
20%
$30,180
Closing costs
1%
$1,509
Rehab
0%
$0
Furnishing
12%
$18,000
Cashflow
Total Income
$1,918
Total Expenses
$1,649
Mortgage P&I
43%
$831
Property Taxes
6%
$112
Home Insurance
3%
$53
HOA
0%
$0
Property Management
12%
$230
CapEx
4%
$77
Vacancy
3%
$58
Maintenance
4%
$77
Other
11%
$211