This property might be a fair Mid-Term investment with a projected 2.37% first-year return on $86,250 initial cash invested.
2.37%
Cash On Cash
7.66%
Cap Rate
1.17
DSCR
$3,170
Rent
$170
Cashflow
Cash Flow
$3,170 income − $3,000 expenses = $170 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
$3,170
Total Expenses
$3,000
Mortgage P&I
56%
$1,777
Property Taxes
1%
$31
Home Insurance
4%
$114
HOA
0%
$0
Property Management
12%
$380
CapEx
4%
$127
Vacancy
3%
$95
Maintenance
4%
$127
Other
11%
$349