This property might be a fair Mid-Term investment with a projected 7.52% first-year return on $50,109 initial cash invested.
7.52%
Cash On Cash
9.9%
Cap Rate
1.46
DSCR
$2,034
Rent
$314
Cashflow
Cash Flow
$2,034 income − $1,720 expenses = $314 cash flow
Investment Breakdown
|
Purchase Price
$153k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$50,109
Downpayment
20%
$30,580
Closing costs
1%
$1,529
Rehab
0%
$0
Furnishing
12%
$18,000
Cashflow
Total Income
$2,034
Total Expenses
$1,720
Mortgage P&I
43%
$866
Property Taxes
4%
$81
Home Insurance
4%
$82
HOA
0%
$0
Property Management
12%
$244
CapEx
4%
$81
Vacancy
3%
$61
Maintenance
4%
$81
Other
11%
$224