This property might be a fair Mid-Term investment with a projected 1.88% first-year return on $107k initial cash invested.
1.88%
Cash On Cash
7.49%
Cap Rate
1.15
DSCR
$4,239
Rent
$168
Cashflow
Cash Flow
$4,239 income − $4,071 expenses = $168 cash flow
Investment Breakdown
|
Purchase Price
$425k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$107k
Downpayment
20%
$84,980
Closing costs
1%
$4,249
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,239
Total Expenses
$4,071
Mortgage P&I
55%
$2,314
Property Taxes
4%
$166
Home Insurance
4%
$149
HOA
0%
$0
Property Management
12%
$509
CapEx
4%
$170
Vacancy
3%
$127
Maintenance
4%
$170
Other
11%
$466