Saint Joseph, MO
$ 49,900 - Buy & Hold
4.0 bd | 1.0 ba | 1,500 sqft | 1926 yr | $ 975 Rent
IRR
5.05 %
Yield-on-Cost
10.03 %
Cash on Cash
13.44 %
Net Monthly Cashflow
$486
Description
Four bedroom one bath home with good curb appeal and bones. This property has lots of potential! We love the hardwood floors, wood work, fireplace,
Buy & Hold Analysis
- ARV: $49,900
- Yield-on-Cost: 10.03 %
- Net Monthly Cashflow: $486
- Monthly Rent: $975
Financial Analysis
- Loan Amnt: $ 37,425.00
- All-in Cost: $ 80,773.25
- Debt Coverage Ratio: 3.56 %
- Total Out of Pocket: $ 43,348.25
- Monthly Mortgage: $ 189.63
Expense Assumptions
- Prop Insurance: $800
- Prop Mgmt Fee: $1,112
- Vacancy: $585
- Capex: $0
Financing Assumptions
- Down Payment: $12,475
- Interest Rate: 4.50 %
- Loan Term Months: 360.00
- Points: $374
Other Assumptions
- Closing Cost: $ 499
- Rental Holding Period: 4.00