This property might be a fair Mid-Term investment with a projected 1.67% first-year return on $86,145 initial cash invested.
1.67%
Cash On Cash
7.45%
Cap Rate
1.14
DSCR
$3,362
Rent
$120
Cashflow
Cash Flow
$3,362 income − $3,242 expenses = $120 cash flow
Investment Breakdown
|
Purchase Price
$325k
Downpayment
20.0%
Interest Rate
7.2%
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
$3,362
Total Expenses
$3,242
Mortgage P&I
52%
$1,760
Property Taxes
7%
$223
Home Insurance
3%
$117
HOA
0%
$0
Property Management
12%
$403
CapEx
4%
$134
Vacancy
3%
$101
Maintenance
4%
$134
Other
11%
$370