This property might be a fair Mid-Term investment with a projected 9.32% first-year return on $49,332 initial cash invested.
9.32%
Cash On Cash
10.19%
Cap Rate
1.58
DSCR
$2,032
Rent
$383
Cashflow
Cash Flow
$2,032 income − $1,649 expenses = $383 cash flow
Investment Breakdown
|
Purchase Price
$149k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$49,332
Downpayment
20%
$29,840
Closing costs
1%
$1,492
Rehab
0%
$0
Furnishing
12%
$18,000
Cashflow
Total Income
$2,032
Total Expenses
$1,649
Mortgage P&I
40%
$803
Property Taxes
4%
$76
Home Insurance
4%
$79
HOA
0%
$0
Property Management
12%
$244
CapEx
4%
$81
Vacancy
3%
$61
Maintenance
4%
$81
Other
11%
$224