This property might be a fair Mid-Term investment with a projected 0.88% first-year return on $65,250 initial cash invested.
0.88%
Cash On Cash
7.35%
Cap Rate
1.11
DSCR
$2,188
Rent
$48
Cashflow
Cash Flow
$2,188 income − $2,140 expenses = $48 cash flow
Investment Breakdown
|
Purchase Price
$225k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$65,250
Downpayment
20%
$45,000
Closing costs
1%
$2,250
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,188
Total Expenses
$2,140
Mortgage P&I
57%
$1,243
Property Taxes
3%
$72
Home Insurance
4%
$79
HOA
0%
$0
Property Management
12%
$263
CapEx
4%
$88
Vacancy
3%
$66
Maintenance
4%
$88
Other
11%
$241