This property might be a fair Mid-Term investment with a projected 7.98% first-year return on $103k initial cash invested.
7.98%
Cash On Cash
8.72%
Cap Rate
1.43
DSCR
$5,042
Rent
$688
Cashflow
Cash Flow
$5,042 income − $4,354 expenses = $688 cash flow
Investment Breakdown
|
Purchase Price
$407k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$103k
Downpayment
20%
$81,340
Closing costs
1%
$4,067
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$5,042
Total Expenses
$4,354
Mortgage P&I
41%
$2,064
Property Taxes
8%
$403
Home Insurance
3%
$158
HOA
0%
$14
Property Management
12%
$605
CapEx
4%
$202
Vacancy
3%
$151
Maintenance
4%
$202
Other
11%
$555