This property might be a fair Mid-Term investment with a projected 3.86% first-year return on $102k initial cash invested.
3.86%
Cash On Cash
8.14%
Cap Rate
1.23
DSCR
$4,526
Rent
$328
Cashflow
Cash Flow
$4,526 income − $4,198 expenses = $328 cash flow
Investment Breakdown
|
Purchase Price
$400k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$102k
Downpayment
20%
$80,000
Closing costs
1%
$4,000
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,526
Total Expenses
$4,198
Mortgage P&I
49%
$2,203
Property Taxes
7%
$316
Home Insurance
3%
$140
HOA
0%
$0
Property Management
12%
$543
CapEx
4%
$181
Vacancy
3%
$136
Maintenance
4%
$181
Other
11%
$498