This property might be a fair Mid-Term investment with a projected 1.4% first-year return on $65,229 initial cash invested.
1.4%
Cash On Cash
7.73%
Cap Rate
1.14
DSCR
$2,526
Rent
$76
Cashflow
Cash Flow
$2,526 income − $2,450 expenses = $76 cash flow
Investment Breakdown
|
Purchase Price
$225k
Downpayment
20.0%
Interest Rate
7.6%
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
$2,526
Total Expenses
$2,450
Mortgage P&I
50%
$1,271
Property Taxes
10%
$241
Home Insurance
3%
$79
HOA
0%
$0
Property Management
12%
$303
CapEx
4%
$101
Vacancy
3%
$76
Maintenance
4%
$101
Other
11%
$278