This property might be a fair Mid-Term investment with a projected 2.05% first-year return on $101k initial cash invested.
2.05%
Cash On Cash
7.16%
Cap Rate
1.16
DSCR
$3,972
Rent
$173
Cashflow
Cash Flow
$3,972 income − $3,799 expenses = $173 cash flow
Investment Breakdown
|
Purchase Price
$396k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$101k
Downpayment
20%
$79,280
Closing costs
1%
$3,964
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,972
Total Expenses
$3,799
Mortgage P&I
51%
$2,034
Property Taxes
5%
$213
Home Insurance
4%
$173
HOA
1%
$28
Property Management
12%
$477
CapEx
4%
$159
Vacancy
3%
$119
Maintenance
4%
$159
Other
11%
$437