This property might be a fair Mid-Term investment with a projected 5.79% first-year return on $106k initial cash invested.
5.79%
Cash On Cash
8.59%
Cap Rate
1.31
DSCR
$5,208
Rent
$512
Cashflow
Cash Flow
$5,208 income − $4,696 expenses = $512 cash flow
Investment Breakdown
|
Purchase Price
$420k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$106k
Downpayment
20%
$84,000
Closing costs
1%
$4,200
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$5,208
Total Expenses
$4,696
Mortgage P&I
44%
$2,287
Property Taxes
9%
$492
Home Insurance
3%
$147
HOA
0%
$0
Property Management
12%
$625
CapEx
4%
$208
Vacancy
3%
$156
Maintenance
4%
$208
Other
11%
$573