This property might be a fair Mid-Term investment with a projected 6.49% first-year return on $104k initial cash invested.
6.49%
Cash On Cash
8.77%
Cap Rate
1.35
DSCR
$5,328
Rent
$562
Cashflow
Cash Flow
$5,328 income − $4,766 expenses = $562 cash flow
Investment Breakdown
|
Purchase Price
$409k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$104k
Downpayment
20%
$81,800
Closing costs
1%
$4,090
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$5,328
Total Expenses
$4,766
Mortgage P&I
42%
$2,215
Property Taxes
10%
$559
Home Insurance
3%
$173
HOA
0%
$8
Property Management
12%
$639
CapEx
4%
$213
Vacancy
3%
$160
Maintenance
4%
$213
Other
11%
$586