This property might be a fair Mid-Term investment with a projected 3.25% first-year return on $65,292 initial cash invested.
3.25%
Cash On Cash
8.2%
Cap Rate
1.23
DSCR
$2,865
Rent
$177
Cashflow
Cash Flow
$2,865 income − $2,688 expenses = $177 cash flow
Investment Breakdown
|
Purchase Price
$225k
Downpayment
20.0%
Interest Rate
7.4%
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
$2,865
Total Expenses
$2,688
Mortgage P&I
44%
$1,247
Property Taxes
13%
$380
Home Insurance
3%
$86
HOA
0%
$0
Property Management
12%
$344
CapEx
4%
$115
Vacancy
3%
$86
Maintenance
4%
$115
Other
11%
$315