This property might be a fair Mid-Term investment with a projected 3.72% first-year return on $111k initial cash invested.
3.72%
Cash On Cash
8.08%
Cap Rate
1.22
DSCR
$4,790
Rent
$344
Cashflow
Cash Flow
$4,790 income − $4,446 expenses = $344 cash flow
Investment Breakdown
|
Purchase Price
$443k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$111k
Downpayment
20%
$88,600
Closing costs
1%
$4,430
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,790
Total Expenses
$4,446
Mortgage P&I
51%
$2,446
Property Taxes
4%
$212
Home Insurance
3%
$158
HOA
0%
$0
Property Management
12%
$575
CapEx
4%
$192
Vacancy
3%
$144
Maintenance
4%
$192
Other
11%
$527