This property might be a fair Mid-Term investment with a projected 0.88% first-year return on $65,187 initial cash invested.
0.88%
Cash On Cash
7.13%
Cap Rate
1.11
DSCR
$2,163
Rent
$48
Cashflow
Cash Flow
$2,163 income − $2,115 expenses = $48 cash flow
Investment Breakdown
|
Purchase Price
$225k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$65,187
Downpayment
20%
$44,940
Closing costs
1%
$2,247
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,163
Total Expenses
$2,115
Mortgage P&I
55%
$1,200
Property Taxes
5%
$98
Home Insurance
4%
$80
HOA
0%
$0
Property Management
12%
$260
CapEx
4%
$87
Vacancy
3%
$65
Maintenance
4%
$87
Other
11%
$238