This property might be a fair Mid-Term investment with a projected 1.4% first-year return on $100k initial cash invested.
1.4%
Cash On Cash
7.23%
Cap Rate
1.13
DSCR
$3,826
Rent
$117
Cashflow
Cash Flow
$3,826 income − $3,709 expenses = $117 cash flow
Investment Breakdown
|
Purchase Price
$392k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$100k
Downpayment
20%
$78,360
Closing costs
1%
$3,918
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,826
Total Expenses
$3,709
Mortgage P&I
55%
$2,092
Property Taxes
5%
$176
Home Insurance
4%
$140
HOA
0%
$0
Property Management
12%
$459
CapEx
4%
$153
Vacancy
3%
$115
Maintenance
4%
$153
Other
11%
$421