This property might be a fair Mid-Term investment with a projected 4.66% first-year return on $86,250 initial cash invested.
4.66%
Cash On Cash
7.89%
Cap Rate
1.29
DSCR
$3,597
Rent
$335
Cashflow
Cash Flow
$3,597 income − $3,262 expenses = $335 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
$3,597
Total Expenses
$3,262
Mortgage P&I
46%
$1,659
Property Taxes
7%
$265
Home Insurance
3%
$114
HOA
0%
$0
Property Management
12%
$432
CapEx
4%
$144
Vacancy
3%
$108
Maintenance
4%
$144
Other
11%
$396