This property might be a fair Mid-Term investment with a projected 5.83% first-year return on $105k initial cash invested.
5.83%
Cash On Cash
8.68%
Cap Rate
1.32
DSCR
$5,241
Rent
$511
Cashflow
Cash Flow
$5,241 income − $4,730 expenses = $511 cash flow
Investment Breakdown
|
Purchase Price
$415k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$105k
Downpayment
20%
$83,040
Closing costs
1%
$4,152
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$5,241
Total Expenses
$4,730
Mortgage P&I
44%
$2,284
Property Taxes
10%
$514
Home Insurance
3%
$149
HOA
0%
$0
Property Management
12%
$629
CapEx
4%
$210
Vacancy
3%
$157
Maintenance
4%
$210
Other
11%
$577