This property might be a fair Mid-Term investment with a projected 3.77% first-year return on $65,250 initial cash invested.
3.77%
Cash On Cash
8.02%
Cap Rate
1.25
DSCR
$2,355
Rent
$205
Cashflow
Cash Flow
$2,355 income − $2,150 expenses = $205 cash flow
Investment Breakdown
|
Purchase Price
$225k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$65,250
Downpayment
20%
$45,000
Closing costs
1%
$2,250
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,355
Total Expenses
$2,150
Mortgage P&I
51%
$1,204
Property Taxes
3%
$66
Home Insurance
3%
$79
HOA
0%
$0
Property Management
12%
$283
CapEx
4%
$94
Vacancy
3%
$71
Maintenance
4%
$94
Other
11%
$259