This property might be a fair Mid-Term investment with a projected 1.7% first-year return on $111k initial cash invested.
1.7%
Cash On Cash
7.45%
Cap Rate
1.14
DSCR
$4,374
Rent
$158
Cashflow
Cash Flow
$4,374 income − $4,216 expenses = $158 cash flow
Investment Breakdown
|
Purchase Price
$445k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$111k
Downpayment
20%
$88,900
Closing costs
1%
$4,445
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,374
Total Expenses
$4,216
Mortgage P&I
55%
$2,426
Property Taxes
3%
$145
Home Insurance
4%
$158
HOA
0%
$0
Property Management
12%
$525
CapEx
4%
$175
Vacancy
3%
$131
Maintenance
4%
$175
Other
11%
$481