This property might be a fair Mid-Term investment with a projected 2.68% first-year return on $101k initial cash invested.
2.68%
Cash On Cash
8.06%
Cap Rate
1.18
DSCR
$4,358
Rent
$225
Cashflow
Cash Flow
$4,358 income − $4,133 expenses = $225 cash flow
Investment Breakdown
|
Purchase Price
$395k
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$101k
Downpayment
20%
$78,980
Closing costs
1%
$3,949
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,358
Total Expenses
$4,133
Mortgage P&I
52%
$2,252
Property Taxes
6%
$260
Home Insurance
3%
$140
HOA
0%
$0
Property Management
12%
$523
CapEx
4%
$174
Vacancy
3%
$131
Maintenance
4%
$174
Other
11%
$479