This property might be a fair Mid-Term investment with a projected 1.91% first-year return on $64,725 initial cash invested.
1.91%
Cash On Cash
7.89%
Cap Rate
1.16
DSCR
$2,386
Rent
$103
Cashflow
Cash Flow
$2,386 income − $2,283 expenses = $103 cash flow
Investment Breakdown
|
Purchase Price
$223k
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$64,725
Downpayment
20%
$44,500
Closing costs
1%
$2,225
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,386
Total Expenses
$2,283
Mortgage P&I
53%
$1,265
Property Taxes
5%
$129
Home Insurance
3%
$79
HOA
0%
$0
Property Management
12%
$286
CapEx
4%
$95
Vacancy
3%
$72
Maintenance
4%
$95
Other
11%
$262