This property might be a fair Mid-Term investment with a projected 3.13% first-year return on $86,250 initial cash invested.
3.13%
Cash On Cash
8.08%
Cap Rate
1.22
DSCR
$4,124
Rent
$225
Cashflow
Cash Flow
$4,124 income − $3,899 expenses = $225 cash flow
Investment Breakdown
|
Purchase Price
$325k
Downpayment
20.0%
Interest Rate
7.4%
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
$4,124
Total Expenses
$3,899
Mortgage P&I
44%
$1,799
Property Taxes
14%
$583
Home Insurance
3%
$114
HOA
0%
$0
Property Management
12%
$495
CapEx
4%
$165
Vacancy
3%
$124
Maintenance
4%
$165
Other
11%
$454