This property might be a fair Mid-Term investment with a projected 3.86% first-year return on $113k initial cash invested.
3.86%
Cash On Cash
8.18%
Cap Rate
1.23
DSCR
$5,328
Rent
$362
Cashflow
Cash Flow
$5,328 income − $4,966 expenses = $362 cash flow
Investment Breakdown
|
Purchase Price
$451k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$113k
Downpayment
20%
$90,140
Closing costs
1%
$4,507
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$5,328
Total Expenses
$4,966
Mortgage P&I
47%
$2,496
Property Taxes
9%
$501
Home Insurance
3%
$158
HOA
0%
$0
Property Management
12%
$639
CapEx
4%
$213
Vacancy
3%
$160
Maintenance
4%
$213
Other
11%
$586