This property might be a fair Mid-Term investment with a projected 5.17% first-year return on $65,250 initial cash invested.
5.17%
Cash On Cash
8.64%
Cap Rate
1.31
DSCR
$2,516
Rent
$281
Cashflow
Cash Flow
$2,516 income − $2,235 expenses = $281 cash flow
Investment Breakdown
|
Purchase Price
$225k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$65,250
Downpayment
20%
$45,000
Closing costs
1%
$2,250
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,516
Total Expenses
$2,235
Mortgage P&I
49%
$1,238
Property Taxes
2%
$62
Home Insurance
3%
$79
HOA
0%
$0
Property Management
12%
$302
CapEx
4%
$101
Vacancy
3%
$75
Maintenance
4%
$101
Other
11%
$277