This property might be a fair Mid-Term investment with a projected 3.85% first-year return on $65,523 initial cash invested.
3.85%
Cash On Cash
8.07%
Cap Rate
1.26
DSCR
$2,666
Rent
$210
Cashflow
Cash Flow
$2,666 income − $2,456 expenses = $210 cash flow
Investment Breakdown
|
Purchase Price
$226k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$65,523
Downpayment
20%
$45,260
Closing costs
1%
$2,263
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,666
Total Expenses
$2,456
Mortgage P&I
45%
$1,204
Property Taxes
10%
$266
Home Insurance
3%
$79
HOA
0%
$0
Property Management
12%
$320
CapEx
4%
$107
Vacancy
3%
$80
Maintenance
4%
$107
Other
11%
$293