This property might be a fair Mid-Term investment with a projected 4.04% first-year return on $105k initial cash invested.
4.04%
Cash On Cash
8.14%
Cap Rate
1.24
DSCR
$4,654
Rent
$353
Cashflow
Cash Flow
$4,654 income − $4,301 expenses = $353 cash flow
Investment Breakdown
|
Purchase Price
$414k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$105k
Downpayment
20%
$82,820
Closing costs
1%
$4,141
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,654
Total Expenses
$4,301
Mortgage P&I
49%
$2,271
Property Taxes
7%
$303
Home Insurance
3%
$145
HOA
0%
$0
Property Management
12%
$558
CapEx
4%
$186
Vacancy
3%
$140
Maintenance
4%
$186
Other
11%
$512