This property might be a fair Mid-Term investment with a projected 8.72% first-year return on $65,250 initial cash invested.
8.72%
Cash On Cash
9.83%
Cap Rate
1.49
DSCR
$3,248
Rent
$474
Cashflow
Cash Flow
$3,248 income − $2,774 expenses = $474 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
$3,248
Total Expenses
$2,774
Mortgage P&I
38%
$1,240
Property Taxes
11%
$351
Home Insurance
2%
$79
HOA
0%
$0
Property Management
12%
$390
CapEx
4%
$130
Vacancy
3%
$97
Maintenance
4%
$130
Other
11%
$357