This property might be a fair Mid-Term investment with a projected 4.47% first-year return on $50,445 initial cash invested.
4.47%
Cash On Cash
8.82%
Cap Rate
1.3
DSCR
$1,824
Rent
$188
Cashflow
Cash Flow
$1,824 income − $1,636 expenses = $188 cash flow
Investment Breakdown
|
Purchase Price
$155k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$50,445
Downpayment
20%
$30,900
Closing costs
1%
$1,545
Rehab
0%
$0
Furnishing
12%
$18,000
Cashflow
Total Income
$1,824
Total Expenses
$1,636
Mortgage P&I
48%
$874
Property Taxes
4%
$77
Home Insurance
3%
$56
HOA
0%
$8
Property Management
12%
$219
CapEx
4%
$73
Vacancy
3%
$55
Maintenance
4%
$73
Other
11%
$201