This property might be a fair Mid-Term investment with a projected 8.2% first-year return on $65,250 initial cash invested.
8.2%
Cash On Cash
9.41%
Cap Rate
1.46
DSCR
$2,810
Rent
$446
Cashflow
Cash Flow
$2,810 income − $2,364 expenses = $446 cash flow
Investment Breakdown
|
Purchase Price
$225k
Downpayment
20.0%
Interest Rate
7.1%
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
$2,810
Total Expenses
$2,364
Mortgage P&I
43%
$1,206
Property Taxes
4%
$125
Home Insurance
3%
$79
HOA
0%
$0
Property Management
12%
$337
CapEx
4%
$112
Vacancy
3%
$84
Maintenance
4%
$112
Other
11%
$309