This property might be a fair Mid-Term investment with a projected 6.95% first-year return on $65,775 initial cash invested.
6.95%
Cash On Cash
9.12%
Cap Rate
1.39
DSCR
$2,656
Rent
$381
Cashflow
Cash Flow
$2,656 income − $2,275 expenses = $381 cash flow
Investment Breakdown
|
Purchase Price
$228k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$65,775
Downpayment
20%
$45,500
Closing costs
1%
$2,275
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,656
Total Expenses
$2,275
Mortgage P&I
47%
$1,242
Property Taxes
2%
$48
Home Insurance
3%
$82
HOA
0%
$0
Property Management
12%
$319
CapEx
4%
$106
Vacancy
3%
$80
Maintenance
4%
$106
Other
11%
$292