This property might be a fair Mid-Term investment with a projected 0.9% first-year return on $65,250 initial cash invested.
0.9%
Cash On Cash
7.59%
Cap Rate
1.11
DSCR
$2,328
Rent
$49
Cashflow
Cash Flow
$2,328 income − $2,279 expenses = $49 cash flow
Investment Breakdown
|
Purchase Price
$225k
Downpayment
20.0%
Interest Rate
7.7%
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
$2,328
Total Expenses
$2,279
Mortgage P&I
55%
$1,281
Property Taxes
6%
$128
Home Insurance
3%
$79
HOA
0%
$0
Property Management
12%
$279
CapEx
4%
$93
Vacancy
3%
$70
Maintenance
4%
$93
Other
11%
$256