This property might be a fair Mid-Term investment with a projected 1.84% first-year return on $65,229 initial cash invested.
1.84%
Cash On Cash
7.82%
Cap Rate
1.15
DSCR
$2,366
Rent
$100
Cashflow
Cash Flow
$2,366 income − $2,266 expenses = $100 cash flow
Investment Breakdown
|
Purchase Price
$225k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$65,229
Downpayment
20%
$44,980
Closing costs
1%
$2,249
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,366
Total Expenses
$2,266
Mortgage P&I
54%
$1,270
Property Taxes
5%
$121
Home Insurance
3%
$70
HOA
0%
$0
Property Management
12%
$284
CapEx
4%
$95
Vacancy
3%
$71
Maintenance
4%
$95
Other
11%
$260