This property might be a fair Mid-Term investment with a projected 9.79% first-year return on $65,922 initial cash invested.
9.79%
Cash On Cash
10.09%
Cap Rate
1.52
DSCR
$2,910
Rent
$538
Cashflow
Cash Flow
$2,910 income − $2,372 expenses = $538 cash flow
Investment Breakdown
|
Purchase Price
$228k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$65,922
Downpayment
20%
$45,640
Closing costs
1%
$2,282
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,910
Total Expenses
$2,372
Mortgage P&I
43%
$1,264
Property Taxes
1%
$41
Home Insurance
3%
$79
HOA
0%
$0
Property Management
12%
$349
CapEx
4%
$116
Vacancy
3%
$87
Maintenance
4%
$116
Other
11%
$320