This property might be a fair Mid-Term investment with a projected 1.69% first-year return on $108k initial cash invested.
1.69%
Cash On Cash
7.35%
Cap Rate
1.14
DSCR
$4,101
Rent
$152
Cashflow
Cash Flow
$4,101 income − $3,949 expenses = $152 cash flow
Investment Breakdown
|
Purchase Price
$429k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$108k
Downpayment
20%
$85,840
Closing costs
1%
$4,292
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,101
Total Expenses
$3,949
Mortgage P&I
56%
$2,313
Property Taxes
3%
$109
Home Insurance
3%
$133
HOA
0%
$0
Property Management
12%
$492
CapEx
4%
$164
Vacancy
3%
$123
Maintenance
4%
$164
Other
11%
$451