This property might be a fair Mid-Term investment with a projected 4.99% first-year return on $64,641 initial cash invested.
4.99%
Cash On Cash
8.66%
Cap Rate
1.31
DSCR
$2,678
Rent
$269
Cashflow
Cash Flow
$2,678 income − $2,409 expenses = $269 cash flow
Investment Breakdown
|
Purchase Price
$222k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$64,641
Downpayment
20%
$44,420
Closing costs
1%
$2,221
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,678
Total Expenses
$2,409
Mortgage P&I
46%
$1,227
Property Taxes
7%
$193
Home Insurance
3%
$79
HOA
0%
$0
Property Management
12%
$321
CapEx
4%
$107
Vacancy
3%
$80
Maintenance
4%
$107
Other
11%
$295