This property might be a fair Mid-Term investment with a projected 4.88% first-year return on $101k initial cash invested.
4.88%
Cash On Cash
8.31%
Cap Rate
1.27
DSCR
$4,323
Rent
$410
Cashflow
Cash Flow
$4,323 income − $3,913 expenses = $410 cash flow
Investment Breakdown
|
Purchase Price
$394k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$101k
Downpayment
20%
$78,840
Closing costs
1%
$3,942
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,323
Total Expenses
$3,913
Mortgage P&I
50%
$2,147
Property Taxes
4%
$155
Home Insurance
3%
$140
HOA
0%
$0
Property Management
12%
$519
CapEx
4%
$173
Vacancy
3%
$130
Maintenance
4%
$173
Other
11%
$476