This property might be a fair Long-Term investment with a projected 1.46% first-year return on $68,250 initial cash invested.
1.46%
Cash On Cash
7.04%
Cap Rate
1.13
DSCR
$2,800
Rent
$83
Cashflow
Cash Flow
$2,800 income − $2,717 expenses = $83 cash flow
Investment Breakdown
|
Purchase Price
$325k
Downpayment
20.0%
Interest Rate
6.7%
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
$2,800
Total Expenses
$2,717
Mortgage P&I
60%
$1,685
Property Taxes
7%
$190
Home Insurance
4%
$114
HOA
0%
$0
Property Management
10%
$280
CapEx
5%
$140
Vacancy
6%
$168
Maintenance
5%
$140
Other
0%
$0