This property might be a fair Mid-Term investment with a projected 6.04% first-year return on $50,088 initial cash invested.
6.04%
Cash On Cash
9.37%
Cap Rate
1.39
DSCR
$2,102
Rent
$252
Cashflow
Cash Flow
$2,102 income − $1,850 expenses = $252 cash flow
Investment Breakdown
|
Purchase Price
$153k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$50,088
Downpayment
20%
$30,560
Closing costs
1%
$1,528
Rehab
0%
$0
Furnishing
12%
$18,000
Cashflow
Total Income
$2,102
Total Expenses
$1,850
Mortgage P&I
41%
$857
Property Taxes
11%
$224
Home Insurance
3%
$55
HOA
0%
$0
Property Management
12%
$252
CapEx
4%
$84
Vacancy
3%
$63
Maintenance
4%
$84
Other
11%
$231