This property might be a fair Mid-Term investment with a projected 3.44% first-year return on $65,544 initial cash invested.
3.44%
Cash On Cash
8.35%
Cap Rate
1.24
DSCR
$3,022
Rent
$188
Cashflow
Cash Flow
$3,022 income − $2,834 expenses = $188 cash flow
Investment Breakdown
|
Purchase Price
$226k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$65,544
Downpayment
20%
$45,280
Closing costs
1%
$2,264
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$3,022
Total Expenses
$2,834
Mortgage P&I
42%
$1,266
Property Taxes
14%
$410
Home Insurance
3%
$80
HOA
2%
$50
Property Management
12%
$363
CapEx
4%
$121
Vacancy
3%
$91
Maintenance
4%
$121
Other
11%
$332