This property might be a fair Mid-Term investment with a projected 7.74% first-year return on $65,250 initial cash invested.
7.74%
Cash On Cash
9.18%
Cap Rate
1.44
DSCR
$2,688
Rent
$421
Cashflow
Cash Flow
$2,688 income − $2,267 expenses = $421 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
$2,688
Total Expenses
$2,267
Mortgage P&I
44%
$1,192
Property Taxes
3%
$80
Home Insurance
3%
$79
HOA
0%
$0
Property Management
12%
$323
CapEx
4%
$108
Vacancy
3%
$81
Maintenance
4%
$108
Other
11%
$296