This property might be a fair Mid-Term investment with a projected 6.87% first-year return on $104k initial cash invested.
6.87%
Cash On Cash
8.98%
Cap Rate
1.34
DSCR
$4,730
Rent
$596
Cashflow
Cash Flow
$4,730 income − $4,134 expenses = $596 cash flow
Investment Breakdown
|
Purchase Price
$410k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$104k
Downpayment
20%
$82,000
Closing costs
1%
$4,100
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,730
Total Expenses
$4,134
Mortgage P&I
48%
$2,284
Property Taxes
2%
$98
Home Insurance
3%
$144
HOA
0%
$0
Property Management
12%
$568
CapEx
4%
$189
Vacancy
3%
$142
Maintenance
4%
$189
Other
11%
$520