This property might be a fair Mid-Term investment with a projected 0.9% first-year return on $86,229 initial cash invested.
0.9%
Cash On Cash
7.34%
Cap Rate
1.11
DSCR
$3,332
Rent
$65
Cashflow
Cash Flow
$3,332 income − $3,267 expenses = $65 cash flow
Investment Breakdown
|
Purchase Price
$325k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,229
Downpayment
20%
$64,980
Closing costs
1%
$3,249
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,332
Total Expenses
$3,267
Mortgage P&I
54%
$1,788
Property Taxes
7%
$232
Home Insurance
3%
$114
HOA
0%
$0
Property Management
12%
$400
CapEx
4%
$133
Vacancy
3%
$100
Maintenance
4%
$133
Other
11%
$367