This property might be a fair Mid-Term investment with a projected 3.9% first-year return on $102k initial cash invested.
3.9%
Cash On Cash
7.6%
Cap Rate
1.25
DSCR
$4,284
Rent
$332
Cashflow
Cash Flow
$4,284 income − $3,952 expenses = $332 cash flow
Investment Breakdown
|
Purchase Price
$401k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$102k
Downpayment
20%
$80,180
Closing costs
1%
$4,009
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,284
Total Expenses
$3,952
Mortgage P&I
48%
$2,036
Property Taxes
7%
$301
Home Insurance
4%
$159
HOA
0%
$0
Property Management
12%
$514
CapEx
4%
$171
Vacancy
3%
$129
Maintenance
4%
$171
Other
11%
$471