This property might be a fair Mid-Term investment with a projected 3.7% first-year return on $65,229 initial cash invested.
3.7%
Cash On Cash
8.37%
Cap Rate
1.25
DSCR
$2,688
Rent
$201
Cashflow
Cash Flow
$2,688 income − $2,487 expenses = $201 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
$2,688
Total Expenses
$2,487
Mortgage P&I
47%
$1,259
Property Taxes
8%
$224
Home Insurance
3%
$88
HOA
0%
$0
Property Management
12%
$323
CapEx
4%
$108
Vacancy
3%
$81
Maintenance
4%
$108
Other
11%
$296