This property might be a fair Mid-Term investment with a projected 4.77% first-year return on $65,166 initial cash invested.
4.77%
Cash On Cash
8.74%
Cap Rate
1.29
DSCR
$2,778
Rent
$259
Cashflow
Cash Flow
$2,778 income − $2,519 expenses = $259 cash flow
Investment Breakdown
|
Purchase Price
$225k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$65,166
Downpayment
20%
$44,920
Closing costs
1%
$2,246
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,778
Total Expenses
$2,519
Mortgage P&I
46%
$1,266
Property Taxes
8%
$229
Home Insurance
3%
$80
HOA
0%
$0
Property Management
12%
$333
CapEx
4%
$111
Vacancy
3%
$83
Maintenance
4%
$111
Other
11%
$306