This property might be a fair Mid-Term investment with a projected 7.15% first-year return on $49,479 initial cash invested.
7.15%
Cash On Cash
9.25%
Cap Rate
1.46
DSCR
$1,738
Rent
$295
Cashflow
Cash Flow
$1,738 income − $1,443 expenses = $295 cash flow
Investment Breakdown
|
Purchase Price
$150k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$49,479
Downpayment
20%
$29,980
Closing costs
1%
$1,499
Rehab
0%
$0
Furnishing
12%
$18,000
Cashflow
Total Income
$1,738
Total Expenses
$1,443
Mortgage P&I
46%
$791
Property Taxes
0%
$8
Home Insurance
3%
$52
HOA
0%
$0
Property Management
12%
$209
CapEx
4%
$70
Vacancy
3%
$52
Maintenance
4%
$70
Other
11%
$191