This property might be a fair Mid-Term investment with a projected 2.15% first-year return on $108k initial cash invested.
2.15%
Cash On Cash
7.69%
Cap Rate
1.16
DSCR
$4,599
Rent
$194
Cashflow
Cash Flow
$4,599 income − $4,405 expenses = $194 cash flow
Investment Breakdown
|
Purchase Price
$430k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$108k
Downpayment
20%
$86,000
Closing costs
1%
$4,300
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,599
Total Expenses
$4,405
Mortgage P&I
52%
$2,376
Property Taxes
6%
$254
Home Insurance
3%
$154
HOA
1%
$57
Property Management
12%
$552
CapEx
4%
$184
Vacancy
3%
$138
Maintenance
4%
$184
Other
11%
$506