This property might be a fair Mid-Term investment with a projected 1.85% first-year return on $115k initial cash invested.
1.85%
Cash On Cash
7.34%
Cap Rate
1.15
DSCR
$4,725
Rent
$177
Cashflow
Cash Flow
$4,725 income − $4,548 expenses = $177 cash flow
Investment Breakdown
|
Purchase Price
$460k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$115k
Downpayment
20%
$91,980
Closing costs
1%
$4,599
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,725
Total Expenses
$4,548
Mortgage P&I
52%
$2,448
Property Taxes
7%
$332
Home Insurance
3%
$161
HOA
0%
$0
Property Management
12%
$567
CapEx
4%
$189
Vacancy
3%
$142
Maintenance
4%
$189
Other
11%
$520