This property might be a fair Mid-Term investment with a projected 3.34% first-year return on $49,185 initial cash invested.
3.34%
Cash On Cash
8.54%
Cap Rate
1.26
DSCR
$2,067
Rent
$137
Cashflow
Cash Flow
$2,067 income − $1,930 expenses = $137 cash flow
Investment Breakdown
|
Purchase Price
$149k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$49,185
Downpayment
20%
$29,700
Closing costs
1%
$1,485
Rehab
0%
$0
Furnishing
12%
$18,000
Cashflow
Total Income
$2,067
Total Expenses
$1,930
Mortgage P&I
40%
$837
Property Taxes
16%
$338
Home Insurance
3%
$52
HOA
0%
$0
Property Management
12%
$248
CapEx
4%
$83
Vacancy
3%
$62
Maintenance
4%
$83
Other
11%
$227