This property might be a fair Mid-Term investment with a projected 8.2% first-year return on $65,229 initial cash invested.
8.2%
Cash On Cash
9.21%
Cap Rate
1.48
DSCR
$2,822
Rent
$446
Cashflow
Cash Flow
$2,822 income − $2,376 expenses = $446 cash flow
Investment Breakdown
|
Purchase Price
$225k
Downpayment
20.0%
Interest Rate
6.8%
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
$2,822
Total Expenses
$2,376
Mortgage P&I
41%
$1,167
Property Taxes
6%
$170
Home Insurance
3%
$79
HOA
0%
$0
Property Management
12%
$339
CapEx
4%
$113
Vacancy
3%
$85
Maintenance
4%
$113
Other
11%
$310