This property might be a fair Mid-Term investment with a projected 1.3% first-year return on $101k initial cash invested.
1.3%
Cash On Cash
7.41%
Cap Rate
1.13
DSCR
$4,402
Rent
$110
Cashflow
Cash Flow
$4,402 income − $4,292 expenses = $110 cash flow
Investment Breakdown
|
Purchase Price
$396k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$101k
Downpayment
20%
$79,240
Closing costs
1%
$3,962
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,402
Total Expenses
$4,292
Mortgage P&I
49%
$2,162
Property Taxes
11%
$494
Home Insurance
3%
$140
HOA
0%
$0
Property Management
12%
$528
CapEx
4%
$176
Vacancy
3%
$132
Maintenance
4%
$176
Other
11%
$484