This property might be a fair Mid-Term investment with a projected 7.69% first-year return on $66,153 initial cash invested.
7.69%
Cash On Cash
9.79%
Cap Rate
1.43
DSCR
$3,564
Rent
$424
Cashflow
Cash Flow
$3,564 income − $3,140 expenses = $424 cash flow
Investment Breakdown
|
Purchase Price
$229k
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$66,153
Downpayment
20%
$45,860
Closing costs
1%
$2,293
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$3,564
Total Expenses
$3,140
Mortgage P&I
37%
$1,304
Property Taxes
15%
$543
Home Insurance
2%
$80
HOA
0%
$0
Property Management
12%
$428
CapEx
4%
$143
Vacancy
3%
$107
Maintenance
4%
$143
Other
11%
$392