This property might be a fair Mid-Term investment with a projected 4.94% first-year return on $86,229 initial cash invested.
4.94%
Cash On Cash
7.98%
Cap Rate
1.3
DSCR
$3,558
Rent
$355
Cashflow
Cash Flow
$3,558 income − $3,203 expenses = $355 cash flow
Investment Breakdown
|
Purchase Price
$325k
Downpayment
20.0%
Interest Rate
6.6%
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
$3,558
Total Expenses
$3,203
Mortgage P&I
47%
$1,664
Property Taxes
6%
$216
Home Insurance
3%
$114
HOA
0%
$0
Property Management
12%
$427
CapEx
4%
$142
Vacancy
3%
$107
Maintenance
4%
$142
Other
11%
$391