This property might be a fair Mid-Term investment with a projected 2.67% first-year return on $49,059 initial cash invested.
2.67%
Cash On Cash
8.15%
Cap Rate
1.21
DSCR
$1,698
Rent
$109
Cashflow
Cash Flow
$1,698 income − $1,589 expenses = $109 cash flow
Investment Breakdown
|
Purchase Price
$148k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$49,059
Downpayment
20%
$29,580
Closing costs
1%
$1,479
Rehab
0%
$0
Furnishing
12%
$18,000
Cashflow
Total Income
$1,698
Total Expenses
$1,589
Mortgage P&I
49%
$827
Property Taxes
8%
$132
Home Insurance
3%
$52
HOA
0%
$0
Property Management
12%
$204
CapEx
4%
$68
Vacancy
3%
$51
Maintenance
4%
$68
Other
11%
$187