This property might be a fair Mid-Term investment with a projected 7.39% first-year return on $50,361 initial cash invested.
7.39%
Cash On Cash
9.63%
Cap Rate
1.45
DSCR
$1,898
Rent
$310
Cashflow
Cash Flow
$1,898 income − $1,588 expenses = $310 cash flow
Investment Breakdown
|
Purchase Price
$154k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$50,361
Downpayment
20%
$30,820
Closing costs
1%
$1,541
Rehab
0%
$0
Furnishing
12%
$18,000
Cashflow
Total Income
$1,898
Total Expenses
$1,588
Mortgage P&I
45%
$851
Property Taxes
2%
$43
Home Insurance
3%
$48
HOA
0%
$0
Property Management
12%
$228
CapEx
4%
$76
Vacancy
3%
$57
Maintenance
4%
$76
Other
11%
$209