This property might be a fair Mid-Term investment with a projected 7.37% first-year return on $65,964 initial cash invested.
7.37%
Cash On Cash
9.37%
Cap Rate
1.4
DSCR
$2,703
Rent
$405
Cashflow
Cash Flow
$2,703 income − $2,298 expenses = $405 cash flow
Investment Breakdown
|
Purchase Price
$228k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$65,964
Downpayment
20%
$45,680
Closing costs
1%
$2,284
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,703
Total Expenses
$2,298
Mortgage P&I
47%
$1,270
Property Taxes
4%
$108
Home Insurance
0%
$2
HOA
0%
$0
Property Management
12%
$324
CapEx
4%
$108
Vacancy
3%
$81
Maintenance
4%
$108
Other
11%
$297