This property might be a fair Mid-Term investment with a projected 5.82% first-year return on $65,376 initial cash invested.
5.82%
Cash On Cash
8.9%
Cap Rate
1.33
DSCR
$2,558
Rent
$317
Cashflow
Cash Flow
$2,558 income − $2,241 expenses = $317 cash flow
Investment Breakdown
|
Purchase Price
$226k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$65,376
Downpayment
20%
$45,120
Closing costs
1%
$2,256
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,558
Total Expenses
$2,241
Mortgage P&I
49%
$1,254
Property Taxes
1%
$38
Home Insurance
3%
$80
HOA
0%
$0
Property Management
12%
$307
CapEx
4%
$102
Vacancy
3%
$77
Maintenance
4%
$102
Other
11%
$281