This property might be a fair Mid-Term investment with a projected 0.72% first-year return on $65,229 initial cash invested.
0.72%
Cash On Cash
7.52%
Cap Rate
1.12
DSCR
$2,787
Rent
$39
Cashflow
Cash Flow
$2,787 income − $2,748 expenses = $39 cash flow
Investment Breakdown
|
Purchase Price
$225k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$65,229
Downpayment
20%
$44,980
Closing costs
1%
$2,249
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,787
Total Expenses
$2,748
Mortgage P&I
45%
$1,259
Property Taxes
15%
$427
Home Insurance
3%
$79
HOA
1%
$36
Property Management
12%
$334
CapEx
4%
$111
Vacancy
3%
$84
Maintenance
4%
$111
Other
11%
$307