This property might be a fair Mid-Term investment with a projected 9.9% first-year return on $66,090 initial cash invested.
9.9%
Cash On Cash
10.26%
Cap Rate
1.52
DSCR
$3,212
Rent
$545
Cashflow
Cash Flow
$3,212 income − $2,667 expenses = $545 cash flow
Investment Breakdown
|
Purchase Price
$229k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$66,090
Downpayment
20%
$45,800
Closing costs
1%
$2,290
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$3,212
Total Expenses
$2,667
Mortgage P&I
40%
$1,284
Property Taxes
7%
$213
Home Insurance
2%
$80
HOA
0%
$0
Property Management
12%
$385
CapEx
4%
$128
Vacancy
3%
$96
Maintenance
4%
$128
Other
11%
$353