This property might be a fair Mid-Term investment with a projected 2.08% first-year return on $65,250 initial cash invested.
2.08%
Cash On Cash
7.46%
Cap Rate
1.19
DSCR
$2,648
Rent
$113
Cashflow
Cash Flow
$2,648 income − $2,535 expenses = $113 cash flow
Investment Breakdown
|
Purchase Price
$225k
Downpayment
20.0%
Interest Rate
6.8%
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
$2,648
Total Expenses
$2,535
Mortgage P&I
45%
$1,180
Property Taxes
14%
$376
Home Insurance
3%
$79
HOA
0%
$0
Property Management
12%
$318
CapEx
4%
$106
Vacancy
3%
$79
Maintenance
4%
$106
Other
11%
$291