This property might be a fair Mid-Term investment with a projected 4.91% first-year return on $65,229 initial cash invested.
4.91%
Cash On Cash
8.37%
Cap Rate
1.31
DSCR
$2,560
Rent
$267
Cashflow
Cash Flow
$2,560 income − $2,293 expenses = $267 cash flow
Investment Breakdown
|
Purchase Price
$225k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$65,229
Downpayment
20%
$44,980
Closing costs
1%
$2,249
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,560
Total Expenses
$2,293
Mortgage P&I
47%
$1,199
Property Taxes
6%
$145
Home Insurance
3%
$79
HOA
0%
$0
Property Management
12%
$307
CapEx
4%
$102
Vacancy
3%
$77
Maintenance
4%
$102
Other
11%
$282