This property might be a fair Mid-Term investment with a projected 1.25% first-year return on $65,250 initial cash invested.
1.25%
Cash On Cash
7.4%
Cap Rate
1.14
DSCR
$2,548
Rent
$68
Cashflow
Cash Flow
$2,548 income − $2,480 expenses = $68 cash flow
Investment Breakdown
|
Purchase Price
$225k
Downpayment
20.0%
Interest Rate
7.2%
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
$2,548
Total Expenses
$2,480
Mortgage P&I
48%
$1,218
Property Taxes
12%
$317
Home Insurance
3%
$79
HOA
0%
$0
Property Management
12%
$306
CapEx
4%
$102
Vacancy
3%
$76
Maintenance
4%
$102
Other
11%
$280