This property might be a fair Mid-Term investment with a projected 7.83% first-year return on $111k initial cash invested.
7.83%
Cash On Cash
9.19%
Cap Rate
1.37
DSCR
$4,846
Rent
$723
Cashflow
Cash Flow
$4,846 income − $4,123 expenses = $723 cash flow
Investment Breakdown
|
Purchase Price
$442k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$111k
Downpayment
20%
$88,320
Closing costs
1%
$4,416
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,846
Total Expenses
$4,123
Mortgage P&I
51%
$2,465
Property Taxes
0%
$8
Home Insurance
0%
$2
HOA
0%
$0
Property Management
12%
$582
CapEx
4%
$194
Vacancy
3%
$145
Maintenance
4%
$194
Other
11%
$533