This property might be a fair Mid-Term investment with a projected 6.14% first-year return on $86,229 initial cash invested.
6.14%
Cash On Cash
8.62%
Cap Rate
1.34
DSCR
$3,630
Rent
$441
Cashflow
Cash Flow
$3,630 income − $3,189 expenses = $441 cash flow
Investment Breakdown
|
Purchase Price
$325k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,229
Downpayment
20%
$64,980
Closing costs
1%
$3,249
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,630
Total Expenses
$3,189
Mortgage P&I
48%
$1,747
Property Taxes
3%
$94
Home Insurance
3%
$114
HOA
0%
$0
Property Management
12%
$436
CapEx
4%
$145
Vacancy
3%
$109
Maintenance
4%
$145
Other
11%
$399