This property might be a fair Mid-Term investment with a projected 3.54% first-year return on $107k initial cash invested.
3.54%
Cash On Cash
7.9%
Cap Rate
1.23
DSCR
$5,115
Rent
$315
Cashflow
Cash Flow
$5,115 income − $4,800 expenses = $315 cash flow
Investment Breakdown
|
Purchase Price
$422k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$107k
Downpayment
20%
$84,460
Closing costs
1%
$4,223
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$5,115
Total Expenses
$4,800
Mortgage P&I
44%
$2,260
Property Taxes
12%
$616
Home Insurance
4%
$184
HOA
0%
$0
Property Management
12%
$614
CapEx
4%
$205
Vacancy
3%
$153
Maintenance
4%
$205
Other
11%
$563