This property might be a fair Mid-Term investment with a projected 1.29% first-year return on $65,250 initial cash invested.
1.29%
Cash On Cash
7.46%
Cap Rate
1.13
DSCR
$2,301
Rent
$70
Cashflow
Cash Flow
$2,301 income − $2,231 expenses = $70 cash flow
Investment Breakdown
|
Purchase Price
$225k
Downpayment
20.0%
Interest Rate
7.3%
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
$2,301
Total Expenses
$2,231
Mortgage P&I
54%
$1,236
Property Taxes
6%
$134
Home Insurance
3%
$79
HOA
0%
$0
Property Management
12%
$276
CapEx
4%
$92
Vacancy
3%
$69
Maintenance
4%
$92
Other
11%
$253