This property might be a fair Mid-Term investment with a projected 3.12% first-year return on $105k initial cash invested.
3.12%
Cash On Cash
7.55%
Cap Rate
1.22
DSCR
$4,852
Rent
$273
Cashflow
Cash Flow
$4,852 income − $4,579 expenses = $273 cash flow
Investment Breakdown
|
Purchase Price
$414k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$105k
Downpayment
20%
$82,820
Closing costs
1%
$4,141
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,852
Total Expenses
$4,579
Mortgage P&I
44%
$2,139
Property Taxes
13%
$643
Home Insurance
3%
$147
HOA
0%
$0
Property Management
12%
$582
CapEx
4%
$194
Vacancy
3%
$146
Maintenance
4%
$194
Other
11%
$534