This property might be a fair Mid-Term investment with a projected 8.5% first-year return on $86,250 initial cash invested.
8.5%
Cash On Cash
9.3%
Cap Rate
1.46
DSCR
$4,638
Rent
$611
Cashflow
Cash Flow
$4,638 income − $4,027 expenses = $611 cash flow
Investment Breakdown
|
Purchase Price
$325k
Downpayment
20.0%
Interest Rate
7.0%
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
$4,638
Total Expenses
$4,027
Mortgage P&I
37%
$1,722
Property Taxes
13%
$612
Home Insurance
2%
$115
HOA
0%
$0
Property Management
12%
$557
CapEx
4%
$186
Vacancy
3%
$139
Maintenance
4%
$186
Other
11%
$510