This property might be a fair Mid-Term investment with a projected 9.69% first-year return on $50,130 initial cash invested.
9.69%
Cash On Cash
10.52%
Cap Rate
1.58
DSCR
$2,211
Rent
$405
Cashflow
Cash Flow
$2,211 income − $1,806 expenses = $405 cash flow
Investment Breakdown
|
Purchase Price
$153k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$50,130
Downpayment
20%
$30,600
Closing costs
1%
$1,530
Rehab
0%
$0
Furnishing
12%
$18,000
Cashflow
Total Income
$2,211
Total Expenses
$1,806
Mortgage P&I
38%
$848
Property Taxes
7%
$154
Home Insurance
2%
$54
HOA
0%
$0
Property Management
12%
$265
CapEx
4%
$88
Vacancy
3%
$66
Maintenance
4%
$88
Other
11%
$243