This property might be a fair Mid-Term investment with a projected 4.61% first-year return on $65,375 initial cash invested.
4.61%
Cash On Cash
8.6%
Cap Rate
1.28
DSCR
$2,550
Rent
$251
Cashflow
Cash Flow
$2,550 income − $2,299 expenses = $251 cash flow
Investment Breakdown
|
Purchase Price
$226k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$65,375
Downpayment
20%
$45,119
Closing costs
1%
$2,256
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,550
Total Expenses
$2,299
Mortgage P&I
50%
$1,263
Property Taxes
4%
$91
Home Insurance
3%
$79
HOA
0%
$0
Property Management
12%
$306
CapEx
4%
$102
Vacancy
3%
$76
Maintenance
4%
$102
Other
11%
$280