This property might be a fair Mid-Term investment with a projected 1.66% first-year return on $65,229 initial cash invested.
1.66%
Cash On Cash
7.62%
Cap Rate
1.15
DSCR
$2,382
Rent
$90
Cashflow
Cash Flow
$2,382 income − $2,292 expenses = $90 cash flow
Investment Breakdown
|
Purchase Price
$225k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$65,229
Downpayment
20%
$44,980
Closing costs
1%
$2,249
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,382
Total Expenses
$2,292
Mortgage P&I
52%
$1,243
Property Taxes
7%
$157
Home Insurance
3%
$79
HOA
0%
$4
Property Management
12%
$286
CapEx
4%
$95
Vacancy
3%
$71
Maintenance
4%
$95
Other
11%
$262