This property might be a fair Mid-Term investment with a projected 2.63% first-year return on $109k initial cash invested.
2.63%
Cash On Cash
7.25%
Cap Rate
1.19
DSCR
$4,590
Rent
$238
Cashflow
Cash Flow
$4,590 income − $4,352 expenses = $238 cash flow
Investment Breakdown
|
Purchase Price
$432k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$109k
Downpayment
20%
$86,340
Closing costs
1%
$4,317
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,590
Total Expenses
$4,352
Mortgage P&I
48%
$2,186
Property Taxes
10%
$454
Home Insurance
3%
$150
HOA
0%
$0
Property Management
12%
$551
CapEx
4%
$184
Vacancy
3%
$138
Maintenance
4%
$184
Other
11%
$505