This property might be a fair Mid-Term investment with a projected 6.91% first-year return on $65,607 initial cash invested.
6.91%
Cash On Cash
9.37%
Cap Rate
1.39
DSCR
$3,014
Rent
$378
Cashflow
Cash Flow
$3,014 income − $2,636 expenses = $378 cash flow
Investment Breakdown
|
Purchase Price
$227k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$65,607
Downpayment
20%
$45,340
Closing costs
1%
$2,267
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$3,014
Total Expenses
$2,636
Mortgage P&I
42%
$1,271
Property Taxes
8%
$251
Home Insurance
3%
$88
HOA
0%
$0
Property Management
12%
$362
CapEx
4%
$121
Vacancy
3%
$90
Maintenance
4%
$121
Other
11%
$332