This property might be a fair Mid-Term investment with a projected 8.18% first-year return on $49,710 initial cash invested.
8.18%
Cash On Cash
10.2%
Cap Rate
1.51
DSCR
$2,349
Rent
$339
Cashflow
Cash Flow
$2,349 income − $2,010 expenses = $339 cash flow
Investment Breakdown
|
Purchase Price
$151k
Downpayment
20.0%
Interest Rate
7.6%
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
$2,349
Total Expenses
$2,010
Mortgage P&I
36%
$850
Property Taxes
13%
$301
Home Insurance
3%
$61
HOA
0%
$0
Property Management
12%
$282
CapEx
4%
$94
Vacancy
3%
$70
Maintenance
4%
$94
Other
11%
$258