This property could be a profitable Mid-Term investment with a projected 13.41% first-year return on $65,250 initial cash invested.
13.41%
Cash On Cash
11.14%
Cap Rate
1.71
DSCR
$3,378
Rent
$729
Cashflow
Cash Flow
$3,378 income − $2,649 expenses = $729 cash flow
Investment Breakdown
|
Purchase Price
$225k
Downpayment
20.0%
Interest Rate
7.2%
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
$3,378
Total Expenses
$2,649
Mortgage P&I
36%
$1,225
Property Taxes
6%
$197
Home Insurance
2%
$79
HOA
0%
$0
Property Management
12%
$405
CapEx
4%
$135
Vacancy
3%
$101
Maintenance
4%
$135
Other
11%
$372