This property might be a fair Mid-Term investment with a projected 4.22% first-year return on $64,872 initial cash invested.
4.22%
Cash On Cash
8.57%
Cap Rate
1.26
DSCR
$2,590
Rent
$228
Cashflow
Cash Flow
$2,590 income − $2,362 expenses = $228 cash flow
Investment Breakdown
|
Purchase Price
$223k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$64,872
Downpayment
20%
$44,640
Closing costs
1%
$2,232
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,590
Total Expenses
$2,362
Mortgage P&I
49%
$1,262
Property Taxes
5%
$139
Home Insurance
3%
$79
HOA
0%
$0
Property Management
12%
$311
CapEx
4%
$104
Vacancy
3%
$78
Maintenance
4%
$104
Other
11%
$285