This property might be a fair Mid-Term investment with a projected 6% first-year return on $49,773 initial cash invested.
6%
Cash On Cash
9.34%
Cap Rate
1.38
DSCR
$1,840
Rent
$249
Cashflow
Cash Flow
$1,840 income − $1,591 expenses = $249 cash flow
Investment Breakdown
|
Purchase Price
$151k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$49,773
Downpayment
20%
$30,260
Closing costs
1%
$1,513
Rehab
0%
$0
Furnishing
12%
$18,000
Cashflow
Total Income
$1,840
Total Expenses
$1,591
Mortgage P&I
46%
$855
Property Taxes
3%
$56
Home Insurance
3%
$54
HOA
0%
$0
Property Management
12%
$221
CapEx
4%
$74
Vacancy
3%
$55
Maintenance
4%
$74
Other
11%
$202