This property might be a fair Mid-Term investment with a projected 2.19% first-year return on $65,250 initial cash invested.
2.19%
Cash On Cash
7.71%
Cap Rate
1.18
DSCR
$2,436
Rent
$119
Cashflow
Cash Flow
$2,436 income − $2,317 expenses = $119 cash flow
Investment Breakdown
|
Purchase Price
$225k
Downpayment
20.0%
Interest Rate
7.3%
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
$2,436
Total Expenses
$2,317
Mortgage P&I
50%
$1,230
Property Taxes
7%
$181
Home Insurance
3%
$79
HOA
0%
$0
Property Management
12%
$292
CapEx
4%
$97
Vacancy
3%
$73
Maintenance
4%
$97
Other
11%
$268