This property might be a fair Mid-Term investment with a projected 9.11% first-year return on $50,340 initial cash invested.
9.11%
Cash On Cash
10.35%
Cap Rate
1.57
DSCR
$2,446
Rent
$382
Cashflow
Cash Flow
$2,446 income − $2,064 expenses = $382 cash flow
Investment Breakdown
|
Purchase Price
$154k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$50,340
Downpayment
20%
$30,800
Closing costs
1%
$1,540
Rehab
0%
$0
Furnishing
12%
$18,000
Cashflow
Total Income
$2,446
Total Expenses
$2,064
Mortgage P&I
35%
$848
Property Taxes
13%
$330
Home Insurance
2%
$54
HOA
0%
$0
Property Management
12%
$294
CapEx
4%
$98
Vacancy
3%
$73
Maintenance
4%
$98
Other
11%
$269