This property might be a fair Mid-Term investment with a projected 3.66% first-year return on $65,250 initial cash invested.
3.66%
Cash On Cash
8.33%
Cap Rate
1.24
DSCR
$2,464
Rent
$199
Cashflow
Cash Flow
$2,464 income − $2,265 expenses = $199 cash flow
Investment Breakdown
|
Purchase Price
$225k
Downpayment
20.0%
Interest Rate
7.5%
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
$2,464
Total Expenses
$2,265
Mortgage P&I
51%
$1,264
Property Taxes
3%
$83
Home Insurance
3%
$79
HOA
0%
$0
Property Management
12%
$296
CapEx
4%
$99
Vacancy
3%
$74
Maintenance
4%
$99
Other
11%
$271