This property might be a fair Mid-Term investment with a projected 6.84% first-year return on $65,250 initial cash invested.
6.84%
Cash On Cash
9.2%
Cap Rate
1.39
DSCR
$2,884
Rent
$372
Cashflow
Cash Flow
$2,884 income − $2,512 expenses = $372 cash flow
Investment Breakdown
|
Purchase Price
$225k
Downpayment
20.0%
Interest Rate
7.3%
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
$2,884
Total Expenses
$2,512
Mortgage P&I
43%
$1,238
Property Taxes
7%
$215
Home Insurance
3%
$79
HOA
0%
$0
Property Management
12%
$346
CapEx
4%
$115
Vacancy
3%
$87
Maintenance
4%
$115
Other
11%
$317