This property might be a fair Mid-Term investment with a projected 1.04% first-year return on $105k initial cash invested.
1.04%
Cash On Cash
7.52%
Cap Rate
1.12
DSCR
$4,832
Rent
$91
Cashflow
Cash Flow
$4,832 income − $4,741 expenses = $91 cash flow
Investment Breakdown
|
Purchase Price
$413k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$105k
Downpayment
20%
$82,520
Closing costs
1%
$4,126
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,832
Total Expenses
$4,741
Mortgage P&I
48%
$2,300
Property Taxes
14%
$658
Home Insurance
3%
$140
HOA
0%
$0
Property Management
12%
$580
CapEx
4%
$193
Vacancy
3%
$145
Maintenance
4%
$193
Other
11%
$532