This property might be a fair Mid-Term investment with a projected 5.97% first-year return on $65,376 initial cash invested.
5.97%
Cash On Cash
9.09%
Cap Rate
1.34
DSCR
$2,790
Rent
$325
Cashflow
Cash Flow
$2,790 income − $2,465 expenses = $325 cash flow
Investment Breakdown
|
Purchase Price
$226k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$65,376
Downpayment
20%
$45,120
Closing costs
1%
$2,256
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,790
Total Expenses
$2,465
Mortgage P&I
46%
$1,272
Property Taxes
6%
$163
Home Insurance
3%
$80
HOA
0%
$0
Property Management
12%
$335
CapEx
4%
$112
Vacancy
3%
$84
Maintenance
4%
$112
Other
11%
$307