This property might be a fair Mid-Term investment with a projected 4.33% first-year return on $65,418 initial cash invested.
4.33%
Cash On Cash
8.29%
Cap Rate
1.29
DSCR
$2,804
Rent
$236
Cashflow
Cash Flow
$2,804 income − $2,568 expenses = $236 cash flow
Investment Breakdown
|
Purchase Price
$226k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$65,418
Downpayment
20%
$45,160
Closing costs
1%
$2,258
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,804
Total Expenses
$2,568
Mortgage P&I
43%
$1,212
Property Taxes
12%
$324
Home Insurance
3%
$80
HOA
0%
$0
Property Management
12%
$336
CapEx
4%
$112
Vacancy
3%
$84
Maintenance
4%
$112
Other
11%
$308