This property might be a fair Mid-Term investment with a projected 3.11% first-year return on $64,767 initial cash invested.
3.11%
Cash On Cash
7.92%
Cap Rate
1.22
DSCR
$2,474
Rent
$168
Cashflow
Cash Flow
$2,474 income − $2,306 expenses = $168 cash flow
Investment Breakdown
|
Purchase Price
$223k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$64,767
Downpayment
20%
$44,540
Closing costs
1%
$2,227
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,474
Total Expenses
$2,306
Mortgage P&I
49%
$1,203
Property Taxes
7%
$183
Home Insurance
3%
$79
HOA
0%
$0
Property Management
12%
$297
CapEx
4%
$99
Vacancy
3%
$74
Maintenance
4%
$99
Other
11%
$272