This property might be a fair Mid-Term investment with a projected 7.2% first-year return on $49,500 initial cash invested.
7.2%
Cash On Cash
9.49%
Cap Rate
1.47
DSCR
$2,022
Rent
$297
Cashflow
Cash Flow
$2,022 income − $1,725 expenses = $297 cash flow
Investment Breakdown
|
Purchase Price
$150k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$49,500
Downpayment
20%
$30,000
Closing costs
1%
$1,500
Rehab
0%
$0
Furnishing
12%
$18,000
Cashflow
Total Income
$2,022
Total Expenses
$1,725
Mortgage P&I
40%
$808
Property Taxes
9%
$177
Home Insurance
3%
$52
HOA
0%
$0
Property Management
12%
$243
CapEx
4%
$81
Vacancy
3%
$61
Maintenance
4%
$81
Other
11%
$222