This property might be a fair Mid-Term investment with a projected 3.55% first-year return on $65,250 initial cash invested.
3.55%
Cash On Cash
8.03%
Cap Rate
1.27
DSCR
$3,183
Rent
$193
Cashflow
Cash Flow
$3,183 income − $2,990 expenses = $193 cash flow
Investment Breakdown
|
Purchase Price
$225k
Downpayment
20.0%
Interest Rate
6.9%
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
$3,183
Total Expenses
$2,990
Mortgage P&I
37%
$1,185
Property Taxes
18%
$566
Home Insurance
2%
$79
HOA
2%
$79
Property Management
12%
$382
CapEx
4%
$127
Vacancy
3%
$95
Maintenance
4%
$127
Other
11%
$350