This property might be a fair Mid-Term investment with a projected 8.03% first-year return on $116k initial cash invested.
8.03%
Cash On Cash
8.71%
Cap Rate
1.42
DSCR
$5,714
Rent
$777
Cashflow
Cash Flow
$5,714 income − $4,937 expenses = $777 cash flow
Investment Breakdown
|
Purchase Price
$468k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$116k
Downpayment
20%
$93,500
Closing costs
1%
$4,675
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$5,714
Total Expenses
$4,937
Mortgage P&I
42%
$2,387
Property Taxes
8%
$440
Home Insurance
3%
$166
HOA
0%
$0
Property Management
12%
$686
CapEx
4%
$229
Vacancy
3%
$171
Maintenance
4%
$229
Other
11%
$629