This property might be a fair Mid-Term investment with a projected 0.49% first-year return on $65,859 initial cash invested.
0.49%
Cash On Cash
7.25%
Cap Rate
1.1
DSCR
$2,562
Rent
$27
Cashflow
Cash Flow
$2,562 income − $2,535 expenses = $27 cash flow
Investment Breakdown
|
Purchase Price
$228k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$65,859
Downpayment
20%
$45,580
Closing costs
1%
$2,279
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,562
Total Expenses
$2,535
Mortgage P&I
49%
$1,247
Property Taxes
13%
$336
Home Insurance
3%
$82
HOA
0%
$0
Property Management
12%
$307
CapEx
4%
$102
Vacancy
3%
$77
Maintenance
4%
$102
Other
11%
$282