This property might be a fair Mid-Term investment with a projected 2.53% first-year return on $105k initial cash invested.
2.53%
Cash On Cash
7.81%
Cap Rate
1.18
DSCR
$4,758
Rent
$220
Cashflow
Cash Flow
$4,758 income − $4,538 expenses = $220 cash flow
Investment Breakdown
|
Purchase Price
$412k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$105k
Downpayment
20%
$82,420
Closing costs
1%
$4,121
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,758
Total Expenses
$4,538
Mortgage P&I
48%
$2,271
Property Taxes
8%
$359
Home Insurance
3%
$149
HOA
3%
$142
Property Management
12%
$571
CapEx
4%
$190
Vacancy
3%
$143
Maintenance
4%
$190
Other
11%
$523