This property might be a fair Mid-Term investment with a projected 3.69% first-year return on $50,361 initial cash invested.
3.69%
Cash On Cash
8.3%
Cap Rate
1.28
DSCR
$1,995
Rent
$155
Cashflow
Cash Flow
$1,995 income − $1,840 expenses = $155 cash flow
Investment Breakdown
|
Purchase Price
$154k
Downpayment
20.0%
Interest Rate
7.1%
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
$1,995
Total Expenses
$1,840
Mortgage P&I
42%
$831
Property Taxes
14%
$275
Home Insurance
3%
$56
HOA
0%
$0
Property Management
12%
$239
CapEx
4%
$80
Vacancy
3%
$60
Maintenance
4%
$80
Other
11%
$219