This property might be a fair Mid-Term investment with a projected 3.98% first-year return on $64,788 initial cash invested.
3.98%
Cash On Cash
8.46%
Cap Rate
1.26
DSCR
$2,727
Rent
$215
Cashflow
Cash Flow
$2,727 income − $2,512 expenses = $215 cash flow
Investment Breakdown
|
Purchase Price
$223k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$64,788
Downpayment
20%
$44,560
Closing costs
1%
$2,228
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,727
Total Expenses
$2,512
Mortgage P&I
46%
$1,247
Property Taxes
10%
$259
Home Insurance
3%
$79
HOA
0%
$0
Property Management
12%
$327
CapEx
4%
$109
Vacancy
3%
$82
Maintenance
4%
$109
Other
11%
$300