This property might be a fair Mid-Term investment with a projected 8.77% first-year return on $65,145 initial cash invested.
8.77%
Cash On Cash
9.93%
Cap Rate
1.47
DSCR
$2,996
Rent
$476
Cashflow
Cash Flow
$2,996 income − $2,520 expenses = $476 cash flow
Investment Breakdown
|
Purchase Price
$225k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$65,145
Downpayment
20%
$44,900
Closing costs
1%
$2,245
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,996
Total Expenses
$2,520
Mortgage P&I
42%
$1,262
Property Taxes
5%
$159
Home Insurance
3%
$79
HOA
0%
$0
Property Management
12%
$360
CapEx
4%
$120
Vacancy
3%
$90
Maintenance
4%
$120
Other
11%
$330