This property might be a fair Mid-Term investment with a projected 5.03% first-year return on $65,418 initial cash invested.
5.03%
Cash On Cash
8.73%
Cap Rate
1.3
DSCR
$2,655
Rent
$274
Cashflow
Cash Flow
$2,655 income − $2,381 expenses = $274 cash flow
Investment Breakdown
|
Purchase Price
$226k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$65,418
Downpayment
20%
$45,160
Closing costs
1%
$2,258
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,655
Total Expenses
$2,381
Mortgage P&I
48%
$1,263
Property Taxes
5%
$135
Home Insurance
3%
$80
HOA
0%
$0
Property Management
12%
$319
CapEx
4%
$106
Vacancy
3%
$80
Maintenance
4%
$106
Other
11%
$292