This property might be a fair Mid-Term investment with a projected 2.15% first-year return on $65,313 initial cash invested.
2.15%
Cash On Cash
7.7%
Cap Rate
1.17
DSCR
$2,378
Rent
$117
Cashflow
Cash Flow
$2,378 income − $2,261 expenses = $117 cash flow
Investment Breakdown
|
Purchase Price
$225k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$65,313
Downpayment
20%
$45,060
Closing costs
1%
$2,253
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,378
Total Expenses
$2,261
Mortgage P&I
52%
$1,233
Property Taxes
5%
$123
Home Insurance
3%
$80
HOA
1%
$17
Property Management
12%
$285
CapEx
4%
$95
Vacancy
3%
$71
Maintenance
4%
$95
Other
11%
$262