This property might be a fair Mid-Term investment with a projected 1.27% first-year return on $64,452 initial cash invested.
1.27%
Cash On Cash
7.48%
Cap Rate
1.13
DSCR
$2,228
Rent
$68
Cashflow
Cash Flow
$2,228 income − $2,160 expenses = $68 cash flow
Investment Breakdown
|
Purchase Price
$221k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$64,452
Downpayment
20%
$44,240
Closing costs
1%
$2,212
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,228
Total Expenses
$2,160
Mortgage P&I
55%
$1,222
Property Taxes
5%
$102
Home Insurance
4%
$79
HOA
0%
$0
Property Management
12%
$267
CapEx
4%
$89
Vacancy
3%
$67
Maintenance
4%
$89
Other
11%
$245