This property might be a fair Mid-Term investment with a projected 5.41% first-year return on $65,250 initial cash invested.
5.41%
Cash On Cash
8.92%
Cap Rate
1.33
DSCR
$3,114
Rent
$294
Cashflow
Cash Flow
$3,114 income − $2,820 expenses = $294 cash flow
Investment Breakdown
|
Purchase Price
$225k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$65,250
Downpayment
20%
$45,000
Closing costs
1%
$2,250
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$3,114
Total Expenses
$2,820
Mortgage P&I
40%
$1,254
Property Taxes
14%
$427
Home Insurance
3%
$79
HOA
0%
$0
Property Management
12%
$374
CapEx
4%
$125
Vacancy
3%
$93
Maintenance
4%
$125
Other
11%
$343