This property might be a fair Mid-Term investment with a projected 1.63% first-year return on $65,607 initial cash invested.
1.63%
Cash On Cash
7.67%
Cap Rate
1.15
DSCR
$2,528
Rent
$89
Cashflow
Cash Flow
$2,528 income − $2,439 expenses = $89 cash flow
Investment Breakdown
|
Purchase Price
$227k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$65,607
Downpayment
20%
$45,340
Closing costs
1%
$2,267
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,528
Total Expenses
$2,439
Mortgage P&I
50%
$1,259
Property Taxes
9%
$239
Home Insurance
3%
$82
HOA
0%
$0
Property Management
12%
$303
CapEx
4%
$101
Vacancy
3%
$76
Maintenance
4%
$101
Other
11%
$278