This property might be a fair Mid-Term investment with a projected 6.08% first-year return on $49,500 initial cash invested.
6.08%
Cash On Cash
9.05%
Cap Rate
1.41
DSCR
$1,960
Rent
$251
Cashflow
Cash Flow
$1,960 income − $1,709 expenses = $251 cash flow
Investment Breakdown
|
Purchase Price
$150k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$49,500
Downpayment
20%
$30,000
Closing costs
1%
$1,500
Rehab
0%
$0
Furnishing
12%
$18,000
Cashflow
Total Income
$1,960
Total Expenses
$1,709
Mortgage P&I
41%
$802
Property Taxes
10%
$189
Home Insurance
3%
$52
HOA
0%
$0
Property Management
12%
$235
CapEx
4%
$78
Vacancy
3%
$59
Maintenance
4%
$78
Other
11%
$216