This property might be a fair Mid-Term investment with a projected 4.84% first-year return on $101k initial cash invested.
4.84%
Cash On Cash
8.36%
Cap Rate
1.28
DSCR
$4,890
Rent
$407
Cashflow
Cash Flow
$4,890 income − $4,483 expenses = $407 cash flow
Investment Breakdown
|
Purchase Price
$395k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$101k
Downpayment
20%
$79,000
Closing costs
1%
$3,950
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,890
Total Expenses
$4,483
Mortgage P&I
44%
$2,149
Property Taxes
11%
$532
Home Insurance
3%
$138
HOA
0%
$0
Property Management
12%
$587
CapEx
4%
$196
Vacancy
3%
$147
Maintenance
4%
$196
Other
11%
$538