This property might be a fair Mid-Term investment with a projected 9.26% first-year return on $48,996 initial cash invested.
9.26%
Cash On Cash
10.26%
Cap Rate
1.57
DSCR
$2,028
Rent
$378
Cashflow
Cash Flow
$2,028 income − $1,650 expenses = $378 cash flow
Investment Breakdown
|
Purchase Price
$148k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$48,996
Downpayment
20%
$29,520
Closing costs
1%
$1,476
Rehab
0%
$0
Furnishing
12%
$18,000
Cashflow
Total Income
$2,028
Total Expenses
$1,650
Mortgage P&I
40%
$803
Property Taxes
6%
$123
Home Insurance
2%
$35
HOA
0%
$0
Property Management
12%
$243
CapEx
4%
$81
Vacancy
3%
$61
Maintenance
4%
$81
Other
11%
$223