This property might be a fair Mid-Term investment with a projected 2.69% first-year return on $102k initial cash invested.
2.69%
Cash On Cash
7.61%
Cap Rate
1.19
DSCR
$4,542
Rent
$229
Cashflow
Cash Flow
$4,542 income − $4,313 expenses = $229 cash flow
Investment Breakdown
|
Purchase Price
$400k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$102k
Downpayment
20%
$80,080
Closing costs
1%
$4,004
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,542
Total Expenses
$4,313
Mortgage P&I
47%
$2,129
Property Taxes
11%
$499
Home Insurance
3%
$140
HOA
0%
$0
Property Management
12%
$545
CapEx
4%
$182
Vacancy
3%
$136
Maintenance
4%
$182
Other
11%
$500