This property might be a fair Mid-Term investment with a projected 2.16% first-year return on $109k initial cash invested.
2.16%
Cash On Cash
7.19%
Cap Rate
1.18
DSCR
$4,794
Rent
$195
Cashflow
Cash Flow
$4,794 income − $4,599 expenses = $195 cash flow
Investment Breakdown
|
Purchase Price
$431k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$109k
Downpayment
20%
$86,200
Closing costs
1%
$4,310
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,794
Total Expenses
$4,599
Mortgage P&I
46%
$2,195
Property Taxes
13%
$620
Home Insurance
3%
$154
HOA
0%
$0
Property Management
12%
$575
CapEx
4%
$192
Vacancy
3%
$144
Maintenance
4%
$192
Other
11%
$527