This property might be a fair Mid-Term investment with a projected 5.44% first-year return on $64,683 initial cash invested.
5.44%
Cash On Cash
8.55%
Cap Rate
1.34
DSCR
$2,676
Rent
$293
Cashflow
Cash Flow
$2,676 income − $2,383 expenses = $293 cash flow
Investment Breakdown
|
Purchase Price
$222k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$64,683
Downpayment
20%
$44,460
Closing costs
1%
$2,223
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,676
Total Expenses
$2,383
Mortgage P&I
44%
$1,183
Property Taxes
8%
$212
Home Insurance
3%
$79
HOA
0%
$0
Property Management
12%
$321
CapEx
4%
$107
Vacancy
3%
$80
Maintenance
4%
$107
Other
11%
$294