This property might be a fair Mid-Term investment with a projected 6.92% first-year return on $65,229 initial cash invested.
6.92%
Cash On Cash
9.44%
Cap Rate
1.4
DSCR
$3,321
Rent
$376
Cashflow
Cash Flow
$3,321 income − $2,945 expenses = $376 cash flow
Investment Breakdown
|
Purchase Price
$225k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$65,229
Downpayment
20%
$44,980
Closing costs
1%
$2,249
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$3,321
Total Expenses
$2,945
Mortgage P&I
38%
$1,260
Property Taxes
14%
$475
Home Insurance
2%
$80
HOA
0%
$0
Property Management
12%
$399
CapEx
4%
$133
Vacancy
3%
$100
Maintenance
4%
$133
Other
11%
$365