This property might be a fair Mid-Term investment with a projected 1.88% first-year return on $65,733 initial cash invested.
1.88%
Cash On Cash
7.48%
Cap Rate
1.16
DSCR
$2,337
Rent
$103
Cashflow
Cash Flow
$2,337 income − $2,234 expenses = $103 cash flow
Investment Breakdown
|
Purchase Price
$227k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$65,733
Downpayment
20%
$45,460
Closing costs
1%
$2,273
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,337
Total Expenses
$2,234
Mortgage P&I
52%
$1,221
Property Taxes
5%
$115
Home Insurance
4%
$105
HOA
0%
$0
Property Management
12%
$280
CapEx
4%
$93
Vacancy
3%
$70
Maintenance
4%
$93
Other
11%
$257