This property might be a fair Mid-Term investment with a projected 1.93% first-year return on $101k initial cash invested.
1.93%
Cash On Cash
7.71%
Cap Rate
1.16
DSCR
$4,682
Rent
$162
Cashflow
Cash Flow
$4,682 income − $4,520 expenses = $162 cash flow
Investment Breakdown
|
Purchase Price
$395k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$101k
Downpayment
20%
$78,920
Closing costs
1%
$3,946
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,682
Total Expenses
$4,520
Mortgage P&I
47%
$2,187
Property Taxes
13%
$609
Home Insurance
3%
$133
HOA
0%
$0
Property Management
12%
$562
CapEx
4%
$187
Vacancy
3%
$140
Maintenance
4%
$187
Other
11%
$515