This property might be a fair Mid-Term investment with a projected 8.68% first-year return on $64,536 initial cash invested.
8.68%
Cash On Cash
9.61%
Cap Rate
1.48
DSCR
$2,769
Rent
$467
Cashflow
Cash Flow
$2,769 income − $2,302 expenses = $467 cash flow
Investment Breakdown
|
Purchase Price
$222k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$64,536
Downpayment
20%
$44,320
Closing costs
1%
$2,216
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,769
Total Expenses
$2,302
Mortgage P&I
43%
$1,197
Property Taxes
3%
$88
Home Insurance
3%
$75
HOA
0%
$0
Property Management
12%
$332
CapEx
4%
$111
Vacancy
3%
$83
Maintenance
4%
$111
Other
11%
$305