This property might be a fair Mid-Term investment with a projected 5.14% first-year return on $65,544 initial cash invested.
5.14%
Cash On Cash
8.62%
Cap Rate
1.31
DSCR
$2,685
Rent
$281
Cashflow
Cash Flow
$2,685 income − $2,404 expenses = $281 cash flow
Investment Breakdown
|
Purchase Price
$226k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$65,544
Downpayment
20%
$45,280
Closing costs
1%
$2,264
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,685
Total Expenses
$2,404
Mortgage P&I
46%
$1,239
Property Taxes
7%
$175
Home Insurance
3%
$78
HOA
0%
$0
Property Management
12%
$322
CapEx
4%
$107
Vacancy
3%
$81
Maintenance
4%
$107
Other
11%
$295