This property might be a fair Mid-Term investment with a projected 5.17% first-year return on $101k initial cash invested.
5.17%
Cash On Cash
8.39%
Cap Rate
1.29
DSCR
$4,748
Rent
$435
Cashflow
Cash Flow
$4,748 income − $4,313 expenses = $435 cash flow
Investment Breakdown
|
Purchase Price
$395k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$101k
Downpayment
20%
$79,060
Closing costs
1%
$3,953
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,748
Total Expenses
$4,313
Mortgage P&I
45%
$2,139
Property Taxes
9%
$420
Home Insurance
3%
$140
HOA
0%
$0
Property Management
12%
$570
CapEx
4%
$190
Vacancy
3%
$142
Maintenance
4%
$190
Other
11%
$522