This property might be a fair Mid-Term investment with a projected 8.26% first-year return on $65,250 initial cash invested.
8.26%
Cash On Cash
9.67%
Cap Rate
1.46
DSCR
$3,018
Rent
$449
Cashflow
Cash Flow
$3,018 income − $2,569 expenses = $449 cash flow
Investment Breakdown
|
Purchase Price
$225k
Downpayment
20.0%
Interest Rate
7.4%
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
$3,018
Total Expenses
$2,569
Mortgage P&I
41%
$1,243
Property Taxes
7%
$220
Home Insurance
3%
$79
HOA
0%
$0
Property Management
12%
$362
CapEx
4%
$121
Vacancy
3%
$91
Maintenance
4%
$121
Other
11%
$332