This property might be a fair Mid-Term investment with a projected 3.94% first-year return on $65,502 initial cash invested.
3.94%
Cash On Cash
8.06%
Cap Rate
1.27
DSCR
$2,728
Rent
$215
Cashflow
Cash Flow
$2,728 income − $2,513 expenses = $215 cash flow
Investment Breakdown
|
Purchase Price
$226k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$65,502
Downpayment
20%
$45,240
Closing costs
1%
$2,262
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,728
Total Expenses
$2,513
Mortgage P&I
44%
$1,196
Property Taxes
11%
$292
Home Insurance
4%
$98
HOA
0%
$0
Property Management
12%
$327
CapEx
4%
$109
Vacancy
3%
$82
Maintenance
4%
$109
Other
11%
$300