This property might be a fair Mid-Term investment with a projected 1.37% first-year return on $108k initial cash invested.
1.37%
Cash On Cash
7.41%
Cap Rate
1.13
DSCR
$4,380
Rent
$124
Cashflow
Cash Flow
$4,380 income − $4,256 expenses = $124 cash flow
Investment Breakdown
|
Purchase Price
$430k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$108k
Downpayment
20%
$85,980
Closing costs
1%
$4,299
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,380
Total Expenses
$4,256
Mortgage P&I
54%
$2,357
Property Taxes
6%
$259
Home Insurance
3%
$150
HOA
0%
$1
Property Management
12%
$526
CapEx
4%
$175
Vacancy
3%
$131
Maintenance
4%
$175
Other
11%
$482