This property might be a fair Mid-Term investment with a projected 3.01% first-year return on $110k initial cash invested.
3.01%
Cash On Cash
7.7%
Cap Rate
1.19
DSCR
$4,498
Rent
$275
Cashflow
Cash Flow
$4,498 income − $4,223 expenses = $275 cash flow
Investment Breakdown
|
Purchase Price
$436k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$110k
Downpayment
20%
$87,280
Closing costs
1%
$4,364
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,498
Total Expenses
$4,223
Mortgage P&I
52%
$2,344
Property Taxes
4%
$178
Home Insurance
3%
$156
HOA
0%
$15
Property Management
12%
$540
CapEx
4%
$180
Vacancy
3%
$135
Maintenance
4%
$180
Other
11%
$495