This property might be a fair Mid-Term investment with a projected 4.18% first-year return on $101k initial cash invested.
4.18%
Cash On Cash
7.76%
Cap Rate
1.25
DSCR
$4,112
Rent
$352
Cashflow
Cash Flow
$4,112 income − $3,760 expenses = $352 cash flow
Investment Breakdown
|
Purchase Price
$395k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$101k
Downpayment
20%
$79,000
Closing costs
1%
$3,950
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,112
Total Expenses
$3,760
Mortgage P&I
50%
$2,038
Property Taxes
5%
$188
Home Insurance
3%
$138
HOA
0%
$0
Property Management
12%
$493
CapEx
4%
$164
Vacancy
3%
$123
Maintenance
4%
$164
Other
11%
$452