This property might be a fair Mid-Term investment with a projected 1.78% first-year return on $109k initial cash invested.
1.78%
Cash On Cash
7.69%
Cap Rate
1.15
DSCR
$5,060
Rent
$162
Cashflow
Cash Flow
$5,060 income − $4,898 expenses = $162 cash flow
Investment Breakdown
|
Purchase Price
$435k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$109k
Downpayment
20%
$86,960
Closing costs
1%
$4,348
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$5,060
Total Expenses
$4,898
Mortgage P&I
48%
$2,424
Property Taxes
12%
$600
Home Insurance
3%
$154
HOA
0%
$0
Property Management
12%
$607
CapEx
4%
$202
Vacancy
3%
$152
Maintenance
4%
$202
Other
11%
$557