This property might be a fair Mid-Term investment with a projected 0.64% first-year return on $65,775 initial cash invested.
0.64%
Cash On Cash
7.18%
Cap Rate
1.1
DSCR
$2,232
Rent
$35
Cashflow
Cash Flow
$2,232 income − $2,197 expenses = $35 cash flow
Investment Breakdown
|
Purchase Price
$228k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$65,775
Downpayment
20%
$45,500
Closing costs
1%
$2,275
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,232
Total Expenses
$2,197
Mortgage P&I
55%
$1,238
Property Taxes
5%
$120
Home Insurance
4%
$80
HOA
0%
$0
Property Management
12%
$268
CapEx
4%
$89
Vacancy
3%
$67
Maintenance
4%
$89
Other
11%
$246