This property might be a fair Mid-Term investment with a projected 1.2% first-year return on $65,796 initial cash invested.
1.2%
Cash On Cash
7.45%
Cap Rate
1.14
DSCR
$2,745
Rent
$66
Cashflow
Cash Flow
$2,745 income − $2,679 expenses = $66 cash flow
Investment Breakdown
|
Purchase Price
$228k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$65,796
Downpayment
20%
$45,520
Closing costs
1%
$2,276
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,745
Total Expenses
$2,679
Mortgage P&I
45%
$1,237
Property Taxes
9%
$234
Home Insurance
3%
$94
HOA
7%
$181
Property Management
12%
$329
CapEx
4%
$110
Vacancy
3%
$82
Maintenance
4%
$110
Other
11%
$302