This property might be a fair Mid-Term investment with a projected 3.56% first-year return on $65,733 initial cash invested.
3.56%
Cash On Cash
8.3%
Cap Rate
1.25
DSCR
$3,004
Rent
$195
Cashflow
Cash Flow
$3,004 income − $2,809 expenses = $195 cash flow
Investment Breakdown
|
Purchase Price
$227k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$65,733
Downpayment
20%
$45,460
Closing costs
1%
$2,273
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$3,004
Total Expenses
$2,809
Mortgage P&I
42%
$1,258
Property Taxes
14%
$424
Home Insurance
3%
$82
HOA
1%
$25
Property Management
12%
$360
CapEx
4%
$120
Vacancy
3%
$90
Maintenance
4%
$120
Other
11%
$330