This property might be a fair Mid-Term investment with a projected 4.29% first-year return on $64,557 initial cash invested.
4.29%
Cash On Cash
8.62%
Cap Rate
1.27
DSCR
$2,736
Rent
$231
Cashflow
Cash Flow
$2,736 income − $2,505 expenses = $231 cash flow
Investment Breakdown
|
Purchase Price
$222k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$64,557
Downpayment
20%
$44,340
Closing costs
1%
$2,217
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,736
Total Expenses
$2,505
Mortgage P&I
46%
$1,253
Property Taxes
9%
$253
Home Insurance
3%
$70
HOA
0%
$0
Property Management
12%
$328
CapEx
4%
$109
Vacancy
3%
$82
Maintenance
4%
$109
Other
11%
$301