This property might be a fair Mid-Term investment with a projected 2.81% first-year return on $106k initial cash invested.
2.81%
Cash On Cash
7.56%
Cap Rate
1.19
DSCR
$4,284
Rent
$248
Cashflow
Cash Flow
$4,284 income − $4,036 expenses = $248 cash flow
Investment Breakdown
|
Purchase Price
$419k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$106k
Downpayment
20%
$83,800
Closing costs
1%
$4,190
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,284
Total Expenses
$4,036
Mortgage P&I
52%
$2,222
Property Taxes
5%
$211
Home Insurance
3%
$147
HOA
0%
$0
Property Management
12%
$514
CapEx
4%
$171
Vacancy
3%
$129
Maintenance
4%
$171
Other
11%
$471