This property might be a fair Mid-Term investment with a projected 1.67% first-year return on $109k initial cash invested.
1.67%
Cash On Cash
7.57%
Cap Rate
1.14
DSCR
$4,818
Rent
$151
Cashflow
Cash Flow
$4,818 income − $4,667 expenses = $151 cash flow
Investment Breakdown
|
Purchase Price
$432k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$109k
Downpayment
20%
$86,460
Closing costs
1%
$4,323
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,818
Total Expenses
$4,667
Mortgage P&I
49%
$2,383
Property Taxes
10%
$501
Home Insurance
3%
$144
HOA
0%
$0
Property Management
12%
$578
CapEx
4%
$193
Vacancy
3%
$145
Maintenance
4%
$193
Other
11%
$530