This property might be a fair Mid-Term investment with a projected 7.19% first-year return on $99,633 initial cash invested.
7.19%
Cash On Cash
8.92%
Cap Rate
1.33
DSCR
$4,432
Rent
$597
Cashflow
Cash Flow
$4,432 income − $3,835 expenses = $597 cash flow
Investment Breakdown
|
Purchase Price
$417k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$99,633
Downpayment
20%
$83,460
Closing costs
1%
$4,173
Rehab
0%
$0
Furnishing
3%
$12,000
Cashflow
Total Income
$4,432
Total Expenses
$3,835
Mortgage P&I
53%
$2,327
Property Taxes
0%
$1
Home Insurance
0%
$0
HOA
0%
$0
Property Management
12%
$532
CapEx
4%
$177
Vacancy
3%
$133
Maintenance
4%
$177
Other
11%
$488