This property might be a fair Mid-Term investment with a projected 2.04% first-year return on $104k initial cash invested.
2.04%
Cash On Cash
7.12%
Cap Rate
1.17
DSCR
$4,191
Rent
$177
Cashflow
Cash Flow
$4,191 income − $4,014 expenses = $177 cash flow
Investment Breakdown
|
Purchase Price
$410k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$104k
Downpayment
20%
$81,960
Closing costs
1%
$4,098
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,191
Total Expenses
$4,014
Mortgage P&I
50%
$2,086
Property Taxes
9%
$358
Home Insurance
3%
$144
HOA
0%
$0
Property Management
12%
$503
CapEx
4%
$168
Vacancy
3%
$126
Maintenance
4%
$168
Other
11%
$461