This property might be a fair Mid-Term investment with a projected 3.33% first-year return on $65,250 initial cash invested.
3.33%
Cash On Cash
8.25%
Cap Rate
1.23
DSCR
$2,685
Rent
$181
Cashflow
Cash Flow
$2,685 income − $2,504 expenses = $181 cash flow
Investment Breakdown
|
Purchase Price
$225k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$65,250
Downpayment
20%
$45,000
Closing costs
1%
$2,250
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,685
Total Expenses
$2,504
Mortgage P&I
47%
$1,259
Property Taxes
9%
$254
Home Insurance
3%
$79
HOA
0%
$0
Property Management
12%
$322
CapEx
4%
$107
Vacancy
3%
$81
Maintenance
4%
$107
Other
11%
$295