This property might be a fair Mid-Term investment with a projected 4.52% first-year return on $50,466 initial cash invested.
4.52%
Cash On Cash
8.79%
Cap Rate
1.3
DSCR
$1,768
Rent
$190
Cashflow
Cash Flow
$1,768 income − $1,578 expenses = $190 cash flow
Investment Breakdown
|
Purchase Price
$155k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$50,466
Downpayment
20%
$30,920
Closing costs
1%
$1,546
Rehab
0%
$0
Furnishing
12%
$18,000
Cashflow
Total Income
$1,768
Total Expenses
$1,578
Mortgage P&I
49%
$872
Property Taxes
3%
$53
Home Insurance
3%
$52
HOA
0%
$0
Property Management
12%
$212
CapEx
4%
$71
Vacancy
3%
$53
Maintenance
4%
$71
Other
11%
$194