This property might be a fair Mid-Term investment with a projected 3.96% first-year return on $65,187 initial cash invested.
3.96%
Cash On Cash
8.18%
Cap Rate
1.26
DSCR
$2,460
Rent
$215
Cashflow
Cash Flow
$2,460 income − $2,245 expenses = $215 cash flow
Investment Breakdown
|
Purchase Price
$225k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$65,187
Downpayment
20%
$44,940
Closing costs
1%
$2,247
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,460
Total Expenses
$2,245
Mortgage P&I
50%
$1,219
Property Taxes
4%
$110
Home Insurance
3%
$80
HOA
0%
$0
Property Management
12%
$295
CapEx
4%
$98
Vacancy
3%
$74
Maintenance
4%
$98
Other
11%
$271