This property might be a fair Mid-Term investment with a projected 9.86% first-year return on $65,481 initial cash invested.
9.86%
Cash On Cash
10.08%
Cap Rate
1.53
DSCR
$3,070
Rent
$538
Cashflow
Cash Flow
$3,070 income − $2,532 expenses = $538 cash flow
Investment Breakdown
|
Purchase Price
$226k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$65,481
Downpayment
20%
$45,220
Closing costs
1%
$2,261
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$3,070
Total Expenses
$2,532
Mortgage P&I
40%
$1,238
Property Taxes
6%
$171
Home Insurance
3%
$79
HOA
0%
$0
Property Management
12%
$368
CapEx
4%
$123
Vacancy
3%
$92
Maintenance
4%
$123
Other
11%
$338