This property might be a fair Mid-Term investment with a projected 3.02% first-year return on $106k initial cash invested.
3.02%
Cash On Cash
7.63%
Cap Rate
1.2
DSCR
$4,581
Rent
$266
Cashflow
Cash Flow
$4,581 income − $4,315 expenses = $266 cash flow
Investment Breakdown
|
Purchase Price
$418k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$106k
Downpayment
20%
$83,520
Closing costs
1%
$4,176
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,581
Total Expenses
$4,315
Mortgage P&I
48%
$2,205
Property Taxes
7%
$338
Home Insurance
3%
$147
HOA
1%
$68
Property Management
12%
$550
CapEx
4%
$183
Vacancy
3%
$137
Maintenance
4%
$183
Other
11%
$504