This property might be a fair Mid-Term investment with a projected 6.79% first-year return on $49,479 initial cash invested.
6.79%
Cash On Cash
9.3%
Cap Rate
1.43
DSCR
$1,794
Rent
$280
Cashflow
Cash Flow
$1,794 income − $1,514 expenses = $280 cash flow
Investment Breakdown
|
Purchase Price
$150k
Downpayment
20.0%
Interest Rate
7.2%
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
$1,794
Total Expenses
$1,514
Mortgage P&I
45%
$810
Property Taxes
2%
$42
Home Insurance
3%
$52
HOA
0%
$0
Property Management
12%
$215
CapEx
4%
$72
Vacancy
3%
$54
Maintenance
4%
$72
Other
11%
$197