This property might be a fair Mid-Term investment with a projected 9.71% first-year return on $104k initial cash invested.
9.71%
Cash On Cash
9.68%
Cap Rate
1.5
DSCR
$6,550
Rent
$845
Cashflow
Cash Flow
$6,550 income − $5,705 expenses = $845 cash flow
Investment Breakdown
|
Purchase Price
$412k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$104k
Downpayment
20%
$82,340
Closing costs
1%
$4,117
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$6,550
Total Expenses
$5,705
Mortgage P&I
34%
$2,215
Property Taxes
7%
$439
Home Insurance
2%
$157
HOA
10%
$668
Property Management
12%
$786
CapEx
4%
$262
Vacancy
3%
$196
Maintenance
4%
$262
Other
11%
$720