This property might be a fair Mid-Term investment with a projected 3.89% first-year return on $118k initial cash invested.
3.89%
Cash On Cash
7.86%
Cap Rate
1.23
DSCR
$5,030
Rent
$384
Cashflow
Cash Flow
$5,030 income − $4,646 expenses = $384 cash flow
Investment Breakdown
|
Purchase Price
$478k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$118k
Downpayment
20%
$95,620
Closing costs
1%
$4,781
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$5,030
Total Expenses
$4,646
Mortgage P&I
51%
$2,546
Property Taxes
4%
$192
Home Insurance
4%
$198
HOA
0%
$0
Property Management
12%
$604
CapEx
4%
$201
Vacancy
3%
$151
Maintenance
4%
$201
Other
11%
$553