This property might be a fair Mid-Term investment with a projected 3.8% first-year return on $50,172 initial cash invested.
3.8%
Cash On Cash
8.55%
Cap Rate
1.27
DSCR
$1,803
Rent
$159
Cashflow
Cash Flow
$1,803 income − $1,644 expenses = $159 cash flow
Investment Breakdown
|
Purchase Price
$153k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$50,172
Downpayment
20%
$30,640
Closing costs
1%
$1,532
Rehab
0%
$0
Furnishing
12%
$18,000
Cashflow
Total Income
$1,803
Total Expenses
$1,644
Mortgage P&I
48%
$860
Property Taxes
6%
$104
Home Insurance
4%
$68
HOA
0%
$0
Property Management
12%
$216
CapEx
4%
$72
Vacancy
3%
$54
Maintenance
4%
$72
Other
11%
$198