This property might be a fair Mid-Term investment with a projected 1.11% first-year return on $86,250 initial cash invested.
1.11%
Cash On Cash
6.89%
Cap Rate
1.13
DSCR
$3,310
Rent
$80
Cashflow
Cash Flow
$3,310 income − $3,230 expenses = $80 cash flow
Investment Breakdown
|
Purchase Price
$325k
Downpayment
20.0%
Interest Rate
6.6%
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
$3,310
Total Expenses
$3,230
Mortgage P&I
50%
$1,655
Property Taxes
10%
$334
Home Insurance
4%
$117
HOA
0%
$0
Property Management
12%
$397
CapEx
4%
$132
Vacancy
3%
$99
Maintenance
4%
$132
Other
11%
$364