This property might be a fair Mid-Term investment with a projected 5.64% first-year return on $104k initial cash invested.
5.64%
Cash On Cash
8.82%
Cap Rate
1.3
DSCR
$4,950
Rent
$487
Cashflow
Cash Flow
$4,950 income − $4,463 expenses = $487 cash flow
Investment Breakdown
|
Purchase Price
$408k
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$104k
Downpayment
20%
$81,560
Closing costs
1%
$4,078
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,950
Total Expenses
$4,463
Mortgage P&I
47%
$2,314
Property Taxes
4%
$187
Home Insurance
6%
$280
HOA
0%
$0
Property Management
12%
$594
CapEx
4%
$198
Vacancy
3%
$148
Maintenance
4%
$198
Other
11%
$544