This property might be a fair Mid-Term investment with a projected 8.49% first-year return on $65,754 initial cash invested.
8.49%
Cash On Cash
9.63%
Cap Rate
1.46
DSCR
$2,799
Rent
$465
Cashflow
Cash Flow
$2,799 income − $2,334 expenses = $465 cash flow
Investment Breakdown
|
Purchase Price
$227k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$65,754
Downpayment
20%
$45,480
Closing costs
1%
$2,274
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,799
Total Expenses
$2,334
Mortgage P&I
45%
$1,248
Property Taxes
2%
$42
Home Insurance
3%
$92
HOA
0%
$0
Property Management
12%
$336
CapEx
4%
$112
Vacancy
3%
$84
Maintenance
4%
$112
Other
11%
$308