This property might be a fair Mid-Term investment with a projected 1.19% first-year return on $65,628 initial cash invested.
1.19%
Cash On Cash
7.43%
Cap Rate
1.12
DSCR
$2,284
Rent
$65
Cashflow
Cash Flow
$2,284 income − $2,219 expenses = $65 cash flow
Investment Breakdown
|
Purchase Price
$227k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$65,628
Downpayment
20%
$45,360
Closing costs
1%
$2,268
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,284
Total Expenses
$2,219
Mortgage P&I
55%
$1,248
Property Taxes
5%
$115
Home Insurance
4%
$80
HOA
0%
$0
Property Management
12%
$274
CapEx
4%
$91
Vacancy
3%
$69
Maintenance
4%
$91
Other
11%
$251