This property might be a fair Mid-Term investment with a projected 3.1% first-year return on $86,250 initial cash invested.
3.1%
Cash On Cash
7.51%
Cap Rate
1.22
DSCR
$3,734
Rent
$223
Cashflow
Cash Flow
$3,734 income − $3,511 expenses = $223 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
$3,734
Total Expenses
$3,511
Mortgage P&I
44%
$1,661
Property Taxes
13%
$467
Home Insurance
3%
$114
HOA
0%
$0
Property Management
12%
$448
CapEx
4%
$149
Vacancy
3%
$112
Maintenance
4%
$149
Other
11%
$411