This property might be a fair Mid-Term investment with a projected 4.7% first-year return on $50,025 initial cash invested.
4.7%
Cash On Cash
8.75%
Cap Rate
1.32
DSCR
$1,814
Rent
$196
Cashflow
Cash Flow
$1,814 income − $1,618 expenses = $196 cash flow
Investment Breakdown
|
Purchase Price
$153k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$50,025
Downpayment
20%
$30,500
Closing costs
1%
$1,525
Rehab
0%
$0
Furnishing
12%
$18,000
Cashflow
Total Income
$1,814
Total Expenses
$1,618
Mortgage P&I
46%
$843
Property Taxes
5%
$91
Home Insurance
4%
$66
HOA
0%
$0
Property Management
12%
$218
CapEx
4%
$73
Vacancy
3%
$54
Maintenance
4%
$73
Other
11%
$200