This property might be a fair Mid-Term investment with a projected 4.56% first-year return on $116k initial cash invested.
4.56%
Cash On Cash
8.21%
Cap Rate
1.26
DSCR
$5,733
Rent
$442
Cashflow
Cash Flow
$5,733 income − $5,291 expenses = $442 cash flow
Investment Breakdown
|
Purchase Price
$469k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$116k
Downpayment
20%
$93,720
Closing costs
1%
$4,686
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$5,733
Total Expenses
$5,291
Mortgage P&I
44%
$2,536
Property Taxes
11%
$647
Home Insurance
3%
$159
HOA
0%
$0
Property Management
12%
$688
CapEx
4%
$229
Vacancy
3%
$172
Maintenance
4%
$229
Other
11%
$631