This property might be a fair Mid-Term investment with a projected 6.02% first-year return on $65,145 initial cash invested.
6.02%
Cash On Cash
8.75%
Cap Rate
1.35
DSCR
$2,498
Rent
$327
Cashflow
Cash Flow
$2,498 income − $2,171 expenses = $327 cash flow
Investment Breakdown
|
Purchase Price
$225k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$65,145
Downpayment
20%
$44,900
Closing costs
1%
$2,245
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,498
Total Expenses
$2,171
Mortgage P&I
48%
$1,210
Property Taxes
1%
$24
Home Insurance
3%
$87
HOA
0%
$0
Property Management
12%
$300
CapEx
4%
$100
Vacancy
3%
$75
Maintenance
4%
$100
Other
11%
$275