This property might be a fair Mid-Term investment with a projected 1.85% first-year return on $100k initial cash invested.
1.85%
Cash On Cash
7.32%
Cap Rate
1.15
DSCR
$4,112
Rent
$155
Cashflow
Cash Flow
$4,112 income − $3,957 expenses = $155 cash flow
Investment Breakdown
|
Purchase Price
$392k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$100k
Downpayment
20%
$78,380
Closing costs
1%
$3,919
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,112
Total Expenses
$3,957
Mortgage P&I
50%
$2,071
Property Taxes
8%
$322
Home Insurance
3%
$140
HOA
1%
$28
Property Management
12%
$493
CapEx
4%
$164
Vacancy
3%
$123
Maintenance
4%
$164
Other
11%
$452