This property might be a fair Mid-Term investment with a projected 9.36% first-year return on $86,250 initial cash invested.
9.36%
Cash On Cash
9.68%
Cap Rate
1.47
DSCR
$4,076
Rent
$673
Cashflow
Cash Flow
$4,076 income − $3,403 expenses = $673 cash flow
Investment Breakdown
|
Purchase Price
$325k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,250
Downpayment
20%
$65,000
Closing costs
1%
$3,250
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$4,076
Total Expenses
$3,403
Mortgage P&I
44%
$1,787
Property Taxes
3%
$117
Home Insurance
3%
$114
HOA
0%
$0
Property Management
12%
$489
CapEx
4%
$163
Vacancy
3%
$122
Maintenance
4%
$163
Other
11%
$448