This property might be a fair Mid-Term investment with a projected 4.89% first-year return on $100k initial cash invested.
4.89%
Cash On Cash
8.31%
Cap Rate
1.27
DSCR
$4,298
Rent
$409
Cashflow
Cash Flow
$4,298 income − $3,889 expenses = $409 cash flow
Investment Breakdown
|
Purchase Price
$392k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$100k
Downpayment
20%
$78,440
Closing costs
1%
$3,922
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,298
Total Expenses
$3,889
Mortgage P&I
50%
$2,134
Property Taxes
4%
$153
Home Insurance
3%
$140
HOA
0%
$0
Property Management
12%
$516
CapEx
4%
$172
Vacancy
3%
$129
Maintenance
4%
$172
Other
11%
$473