This property might be a fair Mid-Term investment with a projected 1.63% first-year return on $104k initial cash invested.
1.63%
Cash On Cash
7.62%
Cap Rate
1.14
DSCR
$4,658
Rent
$141
Cashflow
Cash Flow
$4,658 income − $4,517 expenses = $141 cash flow
Investment Breakdown
|
Purchase Price
$407k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$104k
Downpayment
20%
$81,440
Closing costs
1%
$4,072
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,658
Total Expenses
$4,517
Mortgage P&I
49%
$2,259
Property Taxes
3%
$139
Home Insurance
3%
$142
HOA
8%
$394
Property Management
12%
$559
CapEx
4%
$186
Vacancy
3%
$140
Maintenance
4%
$186
Other
11%
$512