This property might be a fair Mid-Term investment with a projected 1.99% first-year return on $65,250 initial cash invested.
1.99%
Cash On Cash
7.63%
Cap Rate
1.16
DSCR
$2,344
Rent
$108
Cashflow
Cash Flow
$2,344 income − $2,236 expenses = $108 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
$2,344
Total Expenses
$2,236
Mortgage P&I
52%
$1,228
Property Taxes
6%
$132
Home Insurance
3%
$79
HOA
0%
$0
Property Management
12%
$281
CapEx
4%
$94
Vacancy
3%
$70
Maintenance
4%
$94
Other
11%
$258