This property might be a fair Mid-Term investment with a projected 6.01% first-year return on $65,649 initial cash invested.
6.01%
Cash On Cash
8.53%
Cap Rate
1.37
DSCR
$2,616
Rent
$329
Cashflow
Cash Flow
$2,616 income − $2,287 expenses = $329 cash flow
Investment Breakdown
|
Purchase Price
$227k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$65,649
Downpayment
20%
$45,380
Closing costs
1%
$2,269
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,616
Total Expenses
$2,287
Mortgage P&I
45%
$1,179
Property Taxes
4%
$99
Home Insurance
4%
$94
HOA
1%
$25
Property Management
12%
$314
CapEx
4%
$105
Vacancy
3%
$78
Maintenance
4%
$105
Other
11%
$288