This property might be a fair Mid-Term investment with a projected 4.64% first-year return on $65,649 initial cash invested.
4.64%
Cash On Cash
8.81%
Cap Rate
1.29
DSCR
$3,028
Rent
$254
Cashflow
Cash Flow
$3,028 income − $2,774 expenses = $254 cash flow
Investment Breakdown
|
Purchase Price
$227k
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$65,649
Downpayment
20%
$45,380
Closing costs
1%
$2,269
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$3,028
Total Expenses
$2,774
Mortgage P&I
43%
$1,290
Property Taxes
12%
$373
Home Insurance
3%
$82
HOA
0%
$0
Property Management
12%
$363
CapEx
4%
$121
Vacancy
3%
$91
Maintenance
4%
$121
Other
11%
$333