This property might be a fair Long-Term investment with a projected 4.19% first-year return on $47,250 initial cash invested.
4.19%
Cash On Cash
8.02%
Cap Rate
1.23
DSCR
$2,252
Rent
$165
Cashflow
Cash Flow
$2,252 income − $2,087 expenses = $165 cash flow
Investment Breakdown
|
Purchase Price
$225k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$47,250
Downpayment
20%
$45,000
Closing costs
1%
$2,250
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,252
Total Expenses
$2,087
Mortgage P&I
54%
$1,225
Property Taxes
9%
$197
Home Insurance
4%
$79
HOA
0%
$0
Property Management
10%
$225
CapEx
5%
$113
Vacancy
6%
$135
Maintenance
5%
$113
Other
0%
$0