This property might be a fair Mid-Term investment with a projected 3.18% first-year return on $65,313 initial cash invested.
3.18%
Cash On Cash
8.18%
Cap Rate
1.22
DSCR
$2,630
Rent
$173
Cashflow
Cash Flow
$2,630 income − $2,457 expenses = $173 cash flow
Investment Breakdown
|
Purchase Price
$225k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$65,313
Downpayment
20%
$45,060
Closing costs
1%
$2,253
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,630
Total Expenses
$2,457
Mortgage P&I
48%
$1,258
Property Taxes
9%
$225
Home Insurance
3%
$80
HOA
0%
$0
Property Management
12%
$316
CapEx
4%
$105
Vacancy
3%
$79
Maintenance
4%
$105
Other
11%
$289