This property might be a fair Mid-Term investment with a projected 7.44% first-year return on $49,500 initial cash invested.
7.44%
Cash On Cash
9.73%
Cap Rate
1.47
DSCR
$1,994
Rent
$307
Cashflow
Cash Flow
$1,994 income − $1,687 expenses = $307 cash flow
Investment Breakdown
|
Purchase Price
$150k
Downpayment
20.0%
Interest Rate
7.4%
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
$1,994
Total Expenses
$1,687
Mortgage P&I
42%
$829
Property Taxes
6%
$128
Home Insurance
3%
$52
HOA
0%
$0
Property Management
12%
$239
CapEx
4%
$80
Vacancy
3%
$60
Maintenance
4%
$80
Other
11%
$219