This property might be a fair Mid-Term investment with a projected 3.68% first-year return on $65,229 initial cash invested.
3.68%
Cash On Cash
8.02%
Cap Rate
1.25
DSCR
$2,432
Rent
$200
Cashflow
Cash Flow
$2,432 income − $2,232 expenses = $200 cash flow
Investment Breakdown
|
Purchase Price
$225k
Downpayment
20.0%
Interest Rate
7.1%
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
$2,432
Total Expenses
$2,232
Mortgage P&I
50%
$1,207
Property Taxes
5%
$119
Home Insurance
3%
$79
HOA
0%
$0
Property Management
12%
$292
CapEx
4%
$97
Vacancy
3%
$73
Maintenance
4%
$97
Other
11%
$268