This property might be a fair Mid-Term investment with a projected 4.63% first-year return on $65,271 initial cash invested.
4.63%
Cash On Cash
8.36%
Cap Rate
1.29
DSCR
$2,518
Rent
$252
Cashflow
Cash Flow
$2,518 income − $2,266 expenses = $252 cash flow
Investment Breakdown
|
Purchase Price
$225k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$65,271
Downpayment
20%
$45,020
Closing costs
1%
$2,251
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,518
Total Expenses
$2,266
Mortgage P&I
48%
$1,216
Property Taxes
4%
$113
Home Insurance
3%
$80
HOA
0%
$0
Property Management
12%
$302
CapEx
4%
$101
Vacancy
3%
$76
Maintenance
4%
$101
Other
11%
$277