This property might be a fair Mid-Term investment with a projected 4.29% first-year return on $65,250 initial cash invested.
4.29%
Cash On Cash
8.6%
Cap Rate
1.28
DSCR
$2,974
Rent
$233
Cashflow
Cash Flow
$2,974 income − $2,741 expenses = $233 cash flow
Investment Breakdown
|
Purchase Price
$225k
Downpayment
20.0%
Interest Rate
7.5%
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
$2,974
Total Expenses
$2,741
Mortgage P&I
42%
$1,260
Property Taxes
13%
$391
Home Insurance
3%
$79
HOA
0%
$0
Property Management
12%
$357
CapEx
4%
$119
Vacancy
3%
$89
Maintenance
4%
$119
Other
11%
$327