This property might be a fair Mid-Term investment with a projected 6.01% first-year return on $65,250 initial cash invested.
6.01%
Cash On Cash
8.79%
Cap Rate
1.38
DSCR
$3,218
Rent
$327
Cashflow
Cash Flow
$3,218 income − $2,891 expenses = $327 cash flow
Investment Breakdown
|
Purchase Price
$225k
Downpayment
20.0%
Interest Rate
7.0%
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
$3,218
Total Expenses
$2,891
Mortgage P&I
37%
$1,192
Property Taxes
15%
$477
Home Insurance
2%
$79
HOA
1%
$48
Property Management
12%
$386
CapEx
4%
$129
Vacancy
3%
$97
Maintenance
4%
$129
Other
11%
$354