This property might be a fair Mid-Term investment with a projected 3.57% first-year return on $65,208 initial cash invested.
3.57%
Cash On Cash
8.17%
Cap Rate
1.24
DSCR
$2,547
Rent
$194
Cashflow
Cash Flow
$2,547 income − $2,353 expenses = $194 cash flow
Investment Breakdown
|
Purchase Price
$225k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$65,208
Downpayment
20%
$44,960
Closing costs
1%
$2,248
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,547
Total Expenses
$2,353
Mortgage P&I
48%
$1,234
Property Taxes
7%
$173
Home Insurance
3%
$80
HOA
0%
$0
Property Management
12%
$306
CapEx
4%
$102
Vacancy
3%
$76
Maintenance
4%
$102
Other
11%
$280