This property might be a fair Mid-Term investment with a projected 3.98% first-year return on $108k initial cash invested.
3.98%
Cash On Cash
8.02%
Cap Rate
1.24
DSCR
$4,908
Rent
$359
Cashflow
Cash Flow
$4,908 income − $4,549 expenses = $359 cash flow
Investment Breakdown
|
Purchase Price
$430k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$108k
Downpayment
20%
$86,000
Closing costs
1%
$4,300
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,908
Total Expenses
$4,549
Mortgage P&I
47%
$2,319
Property Taxes
8%
$412
Home Insurance
3%
$150
HOA
0%
$0
Property Management
12%
$589
CapEx
4%
$196
Vacancy
3%
$147
Maintenance
4%
$196
Other
11%
$540