This property might be a fair Mid-Term investment with a projected 1.6% first-year return on $86,145 initial cash invested.
1.6%
Cash On Cash
6.96%
Cap Rate
1.15
DSCR
$3,186
Rent
$115
Cashflow
Cash Flow
$3,186 income − $3,071 expenses = $115 cash flow
Investment Breakdown
|
Purchase Price
$325k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,145
Downpayment
20%
$64,900
Closing costs
1%
$3,245
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,186
Total Expenses
$3,071
Mortgage P&I
52%
$1,641
Property Taxes
7%
$216
Home Insurance
4%
$119
HOA
0%
$13
Property Management
12%
$382
CapEx
4%
$127
Vacancy
3%
$96
Maintenance
4%
$127
Other
11%
$350