This property might be a fair Mid-Term investment with a projected 1.28% first-year return on $65,754 initial cash invested.
1.28%
Cash On Cash
7.46%
Cap Rate
1.14
DSCR
$2,463
Rent
$70
Cashflow
Cash Flow
$2,463 income − $2,393 expenses = $70 cash flow
Investment Breakdown
|
Purchase Price
$227k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$65,754
Downpayment
20%
$45,480
Closing costs
1%
$2,274
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,463
Total Expenses
$2,393
Mortgage P&I
51%
$1,245
Property Taxes
9%
$229
Home Insurance
3%
$80
HOA
0%
$0
Property Management
12%
$296
CapEx
4%
$99
Vacancy
3%
$74
Maintenance
4%
$99
Other
11%
$271