This property might be a fair Mid-Term investment with a projected 7.71% first-year return on $65,250 initial cash invested.
7.71%
Cash On Cash
9.51%
Cap Rate
1.43
DSCR
$3,033
Rent
$419
Cashflow
Cash Flow
$3,033 income − $2,614 expenses = $419 cash flow
Investment Breakdown
|
Purchase Price
$225k
Downpayment
20.0%
Interest Rate
7.4%
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
$3,033
Total Expenses
$2,614
Mortgage P&I
41%
$1,243
Property Taxes
9%
$261
Home Insurance
3%
$79
HOA
0%
$0
Property Management
12%
$364
CapEx
4%
$121
Vacancy
3%
$91
Maintenance
4%
$121
Other
11%
$334