This property might be a fair Mid-Term investment with a projected 3.61% first-year return on $64,452 initial cash invested.
3.61%
Cash On Cash
8.14%
Cap Rate
1.25
DSCR
$2,626
Rent
$194
Cashflow
Cash Flow
$2,626 income − $2,432 expenses = $194 cash flow
Investment Breakdown
|
Purchase Price
$221k
Downpayment
20.0%
Interest Rate
7.2%
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
$2,626
Total Expenses
$2,432
Mortgage P&I
46%
$1,201
Property Taxes
9%
$228
Home Insurance
4%
$110
HOA
0%
$0
Property Management
12%
$315
CapEx
4%
$105
Vacancy
3%
$79
Maintenance
4%
$105
Other
11%
$289