This property might be a fair Mid-Term investment with a projected 7.25% first-year return on $65,247 initial cash invested.
7.25%
Cash On Cash
9.21%
Cap Rate
1.42
DSCR
$2,943
Rent
$394
Cashflow
Cash Flow
$2,943 income − $2,549 expenses = $394 cash flow
Investment Breakdown
|
Purchase Price
$225k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$65,247
Downpayment
20%
$44,997
Closing costs
1%
$2,250
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,943
Total Expenses
$2,549
Mortgage P&I
41%
$1,214
Property Taxes
9%
$255
Home Insurance
3%
$79
HOA
0%
$0
Property Management
12%
$353
CapEx
4%
$118
Vacancy
3%
$88
Maintenance
4%
$118
Other
11%
$324