This property might be a fair Long-Term investment with a projected 4.1% first-year return on $68,250 initial cash invested.
4.1%
Cash On Cash
7.79%
Cap Rate
1.22
DSCR
$2,860
Rent
$233
Cashflow
Cash Flow
$2,860 income − $2,627 expenses = $233 cash flow
Investment Breakdown
|
Purchase Price
$325k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,250
Downpayment
20%
$65,000
Closing costs
1%
$3,250
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,860
Total Expenses
$2,627
Mortgage P&I
61%
$1,735
Property Taxes
1%
$34
Home Insurance
4%
$114
HOA
0%
$0
Property Management
10%
$286
CapEx
5%
$143
Vacancy
6%
$172
Maintenance
5%
$143
Other
0%
$0