This property might be a fair Mid-Term investment with a projected 6.87% first-year return on $49,983 initial cash invested.
6.87%
Cash On Cash
9.68%
Cap Rate
1.42
DSCR
$1,906
Rent
$286
Cashflow
Cash Flow
$1,906 income − $1,620 expenses = $286 cash flow
Investment Breakdown
|
Purchase Price
$152k
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$49,983
Downpayment
20%
$30,460
Closing costs
1%
$1,523
Rehab
0%
$0
Furnishing
12%
$18,000
Cashflow
Total Income
$1,906
Total Expenses
$1,620
Mortgage P&I
45%
$867
Property Taxes
2%
$44
Home Insurance
3%
$61
HOA
0%
$0
Property Management
12%
$229
CapEx
4%
$76
Vacancy
3%
$57
Maintenance
4%
$76
Other
11%
$210