This property might be a fair Mid-Term investment with a projected 4.2% first-year return on $65,187 initial cash invested.
4.2%
Cash On Cash
8.25%
Cap Rate
1.27
DSCR
$2,559
Rent
$228
Cashflow
Cash Flow
$2,559 income − $2,331 expenses = $228 cash flow
Investment Breakdown
|
Purchase Price
$225k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$65,187
Downpayment
20%
$44,940
Closing costs
1%
$2,247
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,559
Total Expenses
$2,331
Mortgage P&I
47%
$1,215
Property Taxes
6%
$151
Home Insurance
4%
$96
HOA
0%
$0
Property Management
12%
$307
CapEx
4%
$102
Vacancy
3%
$77
Maintenance
4%
$102
Other
11%
$281