This property might be a fair Mid-Term investment with a projected 2.57% first-year return on $65,355 initial cash invested.
2.57%
Cash On Cash
7.99%
Cap Rate
1.19
DSCR
$2,462
Rent
$140
Cashflow
Cash Flow
$2,462 income − $2,322 expenses = $140 cash flow
Investment Breakdown
|
Purchase Price
$226k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$65,355
Downpayment
20%
$45,100
Closing costs
1%
$2,255
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,462
Total Expenses
$2,322
Mortgage P&I
51%
$1,263
Property Taxes
5%
$135
Home Insurance
4%
$88
HOA
0%
$0
Property Management
12%
$295
CapEx
4%
$98
Vacancy
3%
$74
Maintenance
4%
$98
Other
11%
$271