This property might be a fair Mid-Term investment with a projected 2.81% first-year return on $86,229 initial cash invested.
2.81%
Cash On Cash
7.9%
Cap Rate
1.19
DSCR
$3,663
Rent
$202
Cashflow
Cash Flow
$3,663 income − $3,461 expenses = $202 cash flow
Investment Breakdown
|
Purchase Price
$325k
Downpayment
20.0%
Interest Rate
7.3%
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
$3,663
Total Expenses
$3,461
Mortgage P&I
49%
$1,790
Property Taxes
8%
$298
Home Insurance
3%
$126
HOA
0%
$0
Property Management
12%
$440
CapEx
4%
$147
Vacancy
3%
$110
Maintenance
4%
$147
Other
11%
$403