This property might be a fair Mid-Term investment with a projected 1.67% first-year return on $64,851 initial cash invested.
1.67%
Cash On Cash
7.6%
Cap Rate
1.15
DSCR
$2,259
Rent
$90
Cashflow
Cash Flow
$2,259 income − $2,169 expenses = $90 cash flow
Investment Breakdown
|
Purchase Price
$223k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$64,851
Downpayment
20%
$44,620
Closing costs
1%
$2,231
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,259
Total Expenses
$2,169
Mortgage P&I
55%
$1,233
Property Taxes
4%
$90
Home Insurance
4%
$79
HOA
0%
$0
Property Management
12%
$271
CapEx
4%
$90
Vacancy
3%
$68
Maintenance
4%
$90
Other
11%
$248