This property might be a fair Mid-Term investment with a projected 1.21% first-year return on $65,229 initial cash invested.
1.21%
Cash On Cash
7.47%
Cap Rate
1.13
DSCR
$2,264
Rent
$66
Cashflow
Cash Flow
$2,264 income − $2,198 expenses = $66 cash flow
Investment Breakdown
|
Purchase Price
$225k
Downpayment
20.0%
Interest Rate
7.4%
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
$2,264
Total Expenses
$2,198
Mortgage P&I
55%
$1,243
Property Taxes
5%
$105
Home Insurance
3%
$79
HOA
0%
$0
Property Management
12%
$272
CapEx
4%
$91
Vacancy
3%
$68
Maintenance
4%
$91
Other
11%
$249