This property might be a fair Mid-Term investment with a projected 4.44% first-year return on $131k initial cash invested.
4.44%
Cash On Cash
7.64%
Cap Rate
1.27
DSCR
$5,925
Rent
$483
Cashflow
Cash Flow
$5,925 income − $5,442 expenses = $483 cash flow
Investment Breakdown
|
Purchase Price
$536k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$131k
Downpayment
20%
$107k
Closing costs
1%
$5,359
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$5,925
Total Expenses
$5,442
Mortgage P&I
45%
$2,692
Property Taxes
8%
$490
Home Insurance
3%
$188
HOA
1%
$57
Property Management
12%
$711
CapEx
4%
$237
Vacancy
3%
$178
Maintenance
4%
$237
Other
11%
$652