This property might be a fair Mid-Term investment with a projected 5.17% first-year return on $50,340 initial cash invested.
5.17%
Cash On Cash
9.13%
Cap Rate
1.34
DSCR
$2,040
Rent
$217
Cashflow
Cash Flow
$2,040 income − $1,823 expenses = $217 cash flow
Investment Breakdown
|
Purchase Price
$154k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$50,340
Downpayment
20%
$30,800
Closing costs
1%
$1,540
Rehab
0%
$0
Furnishing
12%
$18,000
Cashflow
Total Income
$2,040
Total Expenses
$1,823
Mortgage P&I
43%
$873
Property Taxes
10%
$200
Home Insurance
3%
$56
HOA
0%
$0
Property Management
12%
$245
CapEx
4%
$82
Vacancy
3%
$61
Maintenance
4%
$82
Other
11%
$224