This property might be a fair Mid-Term investment with a projected 4.18% first-year return on $116k initial cash invested.
4.18%
Cash On Cash
7.65%
Cap Rate
1.25
DSCR
$4,782
Rent
$404
Cashflow
Cash Flow
$4,782 income − $4,378 expenses = $404 cash flow
Investment Breakdown
|
Purchase Price
$467k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$116k
Downpayment
20%
$93,320
Closing costs
1%
$4,666
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,782
Total Expenses
$4,378
Mortgage P&I
50%
$2,381
Property Taxes
4%
$206
Home Insurance
3%
$166
HOA
0%
$0
Property Management
12%
$574
CapEx
4%
$191
Vacancy
3%
$143
Maintenance
4%
$191
Other
11%
$526