This property might be a fair Mid-Term investment with a projected 4.49% first-year return on $100k initial cash invested.
4.49%
Cash On Cash
8.27%
Cap Rate
1.26
DSCR
$4,390
Rent
$375
Cashflow
Cash Flow
$4,390 income − $4,015 expenses = $375 cash flow
Investment Breakdown
|
Purchase Price
$391k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$100k
Downpayment
20%
$78,280
Closing costs
1%
$3,914
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,390
Total Expenses
$4,015
Mortgage P&I
49%
$2,146
Property Taxes
5%
$237
Home Insurance
3%
$138
HOA
0%
$0
Property Management
12%
$527
CapEx
4%
$176
Vacancy
3%
$132
Maintenance
4%
$176
Other
11%
$483