This property might be a fair Mid-Term investment with a projected 4.32% first-year return on $64,158 initial cash invested.
4.32%
Cash On Cash
8.02%
Cap Rate
1.28
DSCR
$2,254
Rent
$231
Cashflow
Cash Flow
$2,254 income − $2,023 expenses = $231 cash flow
Investment Breakdown
|
Purchase Price
$220k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$64,158
Downpayment
20%
$43,960
Closing costs
1%
$2,198
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,254
Total Expenses
$2,023
Mortgage P&I
51%
$1,148
Property Taxes
1%
$30
Home Insurance
4%
$79
HOA
0%
$0
Property Management
12%
$270
CapEx
4%
$90
Vacancy
3%
$68
Maintenance
4%
$90
Other
11%
$248