This property might be a fair Mid-Term investment with a projected 3.52% first-year return on $65,187 initial cash invested.
3.52%
Cash On Cash
8.29%
Cap Rate
1.22
DSCR
$2,360
Rent
$191
Cashflow
Cash Flow
$2,360 income − $2,169 expenses = $191 cash flow
Investment Breakdown
|
Purchase Price
$225k
Downpayment
20.0%
Interest Rate
7.6%
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
$2,360
Total Expenses
$2,169
Mortgage P&I
54%
$1,267
Property Taxes
1%
$20
Home Insurance
3%
$80
HOA
0%
$0
Property Management
12%
$283
CapEx
4%
$94
Vacancy
3%
$71
Maintenance
4%
$94
Other
11%
$260