This property might be a fair Mid-Term investment with a projected 2.61% first-year return on $107k initial cash invested.
2.61%
Cash On Cash
7.91%
Cap Rate
1.17
DSCR
$4,338
Rent
$233
Cashflow
Cash Flow
$4,338 income − $4,105 expenses = $233 cash flow
Investment Breakdown
|
Purchase Price
$425k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$107k
Downpayment
20%
$85,000
Closing costs
1%
$4,250
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,338
Total Expenses
$4,105
Mortgage P&I
55%
$2,394
Property Taxes
2%
$86
Home Insurance
3%
$149
HOA
0%
$0
Property Management
12%
$521
CapEx
4%
$174
Vacancy
3%
$130
Maintenance
4%
$174
Other
11%
$477