This property might be a fair Mid-Term investment with a projected 6.36% first-year return on $65,691 initial cash invested.
6.36%
Cash On Cash
9.28%
Cap Rate
1.37
DSCR
$3,076
Rent
$348
Cashflow
Cash Flow
$3,076 income − $2,728 expenses = $348 cash flow
Investment Breakdown
|
Purchase Price
$227k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$65,691
Downpayment
20%
$45,420
Closing costs
1%
$2,271
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$3,076
Total Expenses
$2,728
Mortgage P&I
42%
$1,285
Property Taxes
7%
$214
Home Insurance
3%
$80
HOA
3%
$104
Property Management
12%
$369
CapEx
4%
$123
Vacancy
3%
$92
Maintenance
4%
$123
Other
11%
$338