This property might be a fair Mid-Term investment with a projected 6.12% first-year return on $65,313 initial cash invested.
6.12%
Cash On Cash
8.85%
Cap Rate
1.37
DSCR
$2,842
Rent
$333
Cashflow
Cash Flow
$2,842 income − $2,509 expenses = $333 cash flow
Investment Breakdown
|
Purchase Price
$225k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$65,313
Downpayment
20%
$45,060
Closing costs
1%
$2,253
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,842
Total Expenses
$2,509
Mortgage P&I
43%
$1,214
Property Taxes
4%
$123
Home Insurance
3%
$82
HOA
4%
$123
Property Management
12%
$341
CapEx
4%
$114
Vacancy
3%
$85
Maintenance
4%
$114
Other
11%
$313