This property might be a fair Mid-Term investment with a projected 1.36% first-year return on $103k initial cash invested.
1.36%
Cash On Cash
7.4%
Cap Rate
1.13
DSCR
$4,042
Rent
$117
Cashflow
Cash Flow
$4,042 income − $3,925 expenses = $117 cash flow
Investment Breakdown
|
Purchase Price
$405k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$103k
Downpayment
20%
$81,000
Closing costs
1%
$4,050
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,042
Total Expenses
$3,925
Mortgage P&I
55%
$2,218
Property Taxes
5%
$190
Home Insurance
4%
$142
HOA
0%
$0
Property Management
12%
$485
CapEx
4%
$162
Vacancy
3%
$121
Maintenance
4%
$162
Other
11%
$445