This property might be a fair Mid-Term investment with a projected 5.13% first-year return on $50,550 initial cash invested.
5.13%
Cash On Cash
9.01%
Cap Rate
1.33
DSCR
$1,839
Rent
$216
Cashflow
Cash Flow
$1,839 income − $1,623 expenses = $216 cash flow
Investment Breakdown
|
Purchase Price
$155k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$50,550
Downpayment
20%
$31,000
Closing costs
1%
$1,550
Rehab
0%
$0
Furnishing
12%
$18,000
Cashflow
Total Income
$1,839
Total Expenses
$1,623
Mortgage P&I
48%
$874
Property Taxes
4%
$69
Home Insurance
3%
$54
HOA
0%
$0
Property Management
12%
$221
CapEx
4%
$74
Vacancy
3%
$55
Maintenance
4%
$74
Other
11%
$202