This property might be a fair Mid-Term investment with a projected 2.11% first-year return on $86,313 initial cash invested.
2.11%
Cash On Cash
7.28%
Cap Rate
1.17
DSCR
$3,256
Rent
$152
Cashflow
Cash Flow
$3,256 income − $3,104 expenses = $152 cash flow
Investment Breakdown
|
Purchase Price
$325k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,313
Downpayment
20%
$65,060
Closing costs
1%
$3,253
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,256
Total Expenses
$3,104
Mortgage P&I
52%
$1,691
Property Taxes
6%
$189
Home Insurance
4%
$117
HOA
0%
$0
Property Management
12%
$391
CapEx
4%
$130
Vacancy
3%
$98
Maintenance
4%
$130
Other
11%
$358