This property might be a fair Mid-Term investment with a projected 4.39% first-year return on $64,767 initial cash invested.
4.39%
Cash On Cash
8.04%
Cap Rate
1.29
DSCR
$2,376
Rent
$237
Cashflow
Cash Flow
$2,376 income − $2,139 expenses = $237 cash flow
Investment Breakdown
|
Purchase Price
$223k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$64,767
Downpayment
20%
$44,540
Closing costs
1%
$2,227
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,376
Total Expenses
$2,139
Mortgage P&I
49%
$1,161
Property Taxes
5%
$115
Home Insurance
2%
$56
HOA
0%
$0
Property Management
12%
$285
CapEx
4%
$95
Vacancy
3%
$71
Maintenance
4%
$95
Other
11%
$261