This property might be a fair Mid-Term investment with a projected 1.52% first-year return on $109k initial cash invested.
1.52%
Cash On Cash
7.44%
Cap Rate
1.15
DSCR
$5,064
Rent
$138
Cashflow
Cash Flow
$5,064 income − $4,926 expenses = $138 cash flow
Investment Breakdown
|
Purchase Price
$433k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$109k
Downpayment
20%
$86,660
Closing costs
1%
$4,333
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$5,064
Total Expenses
$4,926
Mortgage P&I
46%
$2,346
Property Taxes
14%
$712
Home Insurance
3%
$145
HOA
0%
$0
Property Management
12%
$608
CapEx
4%
$203
Vacancy
3%
$152
Maintenance
4%
$203
Other
11%
$557