This property might be a fair Mid-Term investment with a projected 3.63% first-year return on $103k initial cash invested.
3.63%
Cash On Cash
7.56%
Cap Rate
1.23
DSCR
$4,126
Rent
$312
Cashflow
Cash Flow
$4,126 income − $3,814 expenses = $312 cash flow
Investment Breakdown
|
Purchase Price
$405k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$103k
Downpayment
20%
$81,000
Closing costs
1%
$4,050
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,126
Total Expenses
$3,814
Mortgage P&I
50%
$2,073
Property Taxes
5%
$196
Home Insurance
3%
$142
HOA
0%
$0
Property Management
12%
$495
CapEx
4%
$165
Vacancy
3%
$124
Maintenance
4%
$165
Other
11%
$454