This property might be a fair Mid-Term investment with a projected 7.98% first-year return on $111k initial cash invested.
7.98%
Cash On Cash
8.67%
Cap Rate
1.42
DSCR
$5,314
Rent
$741
Cashflow
Cash Flow
$5,314 income − $4,573 expenses = $741 cash flow
Investment Breakdown
|
Purchase Price
$445k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$111k
Downpayment
20%
$89,020
Closing costs
1%
$4,451
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$5,314
Total Expenses
$4,573
Mortgage P&I
43%
$2,260
Property Taxes
7%
$347
Home Insurance
3%
$158
HOA
0%
$0
Property Management
12%
$638
CapEx
4%
$213
Vacancy
3%
$159
Maintenance
4%
$213
Other
11%
$585