This property might be a fair Mid-Term investment with a projected 4.55% first-year return on $109k initial cash invested.
4.55%
Cash On Cash
7.72%
Cap Rate
1.28
DSCR
$4,718
Rent
$415
Cashflow
Cash Flow
$4,718 income − $4,303 expenses = $415 cash flow
Investment Breakdown
|
Purchase Price
$435k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$109k
Downpayment
20%
$87,000
Closing costs
1%
$4,350
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,718
Total Expenses
$4,303
Mortgage P&I
47%
$2,194
Property Taxes
7%
$352
Home Insurance
3%
$152
HOA
0%
$0
Property Management
12%
$566
CapEx
4%
$189
Vacancy
3%
$142
Maintenance
4%
$189
Other
11%
$519