This property might be a fair Mid-Term investment with a projected 8.32% first-year return on $86,250 initial cash invested.
8.32%
Cash On Cash
8.93%
Cap Rate
1.46
DSCR
$4,119
Rent
$598
Cashflow
Cash Flow
$4,119 income − $3,521 expenses = $598 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
$4,119
Total Expenses
$3,521
Mortgage P&I
40%
$1,656
Property Taxes
9%
$350
Home Insurance
3%
$114
HOA
0%
$0
Property Management
12%
$494
CapEx
4%
$165
Vacancy
3%
$124
Maintenance
4%
$165
Other
11%
$453