This property might be a fair Mid-Term investment with a projected 4.12% first-year return on $64,662 initial cash invested.
4.12%
Cash On Cash
8.5%
Cap Rate
1.27
DSCR
$2,708
Rent
$222
Cashflow
Cash Flow
$2,708 income − $2,486 expenses = $222 cash flow
Investment Breakdown
|
Purchase Price
$222k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$64,662
Downpayment
20%
$44,440
Closing costs
1%
$2,222
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,708
Total Expenses
$2,486
Mortgage P&I
46%
$1,243
Property Taxes
9%
$244
Home Insurance
3%
$79
HOA
0%
$0
Property Management
12%
$325
CapEx
4%
$108
Vacancy
3%
$81
Maintenance
4%
$108
Other
11%
$298