This property might be a fair Mid-Term investment with a projected 8.82% first-year return on $65,292 initial cash invested.
8.82%
Cash On Cash
9.66%
Cap Rate
1.49
DSCR
$2,818
Rent
$480
Cashflow
Cash Flow
$2,818 income − $2,338 expenses = $480 cash flow
Investment Breakdown
|
Purchase Price
$225k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$65,292
Downpayment
20%
$45,040
Closing costs
1%
$2,252
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,818
Total Expenses
$2,338
Mortgage P&I
43%
$1,219
Property Taxes
2%
$57
Home Insurance
3%
$75
HOA
1%
$28
Property Management
12%
$338
CapEx
4%
$113
Vacancy
3%
$85
Maintenance
4%
$113
Other
11%
$310