This property might be a fair Mid-Term investment with a projected 8% first-year return on $49,479 initial cash invested.
8%
Cash On Cash
9.71%
Cap Rate
1.5
DSCR
$1,845
Rent
$330
Cashflow
Cash Flow
$1,845 income − $1,515 expenses = $330 cash flow
Investment Breakdown
|
Purchase Price
$150k
Downpayment
20.0%
Interest Rate
7.1%
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
$1,845
Total Expenses
$1,515
Mortgage P&I
44%
$809
Property Taxes
1%
$27
Home Insurance
3%
$52
HOA
0%
$0
Property Management
12%
$221
CapEx
4%
$74
Vacancy
3%
$55
Maintenance
4%
$74
Other
11%
$203