This property might be a fair Mid-Term investment with a projected 4.78% first-year return on $107k initial cash invested.
4.78%
Cash On Cash
8.33%
Cap Rate
1.27
DSCR
$4,838
Rent
$427
Cashflow
Cash Flow
$4,838 income − $4,411 expenses = $427 cash flow
Investment Breakdown
|
Purchase Price
$425k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$107k
Downpayment
20%
$85,000
Closing costs
1%
$4,250
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,838
Total Expenses
$4,411
Mortgage P&I
48%
$2,328
Property Taxes
6%
$288
Home Insurance
3%
$149
HOA
0%
$0
Property Management
12%
$581
CapEx
4%
$194
Vacancy
3%
$145
Maintenance
4%
$194
Other
11%
$532