This property might be a fair Mid-Term investment with a projected 1.54% first-year return on $105k initial cash invested.
1.54%
Cash On Cash
6.98%
Cap Rate
1.15
DSCR
$4,383
Rent
$135
Cashflow
Cash Flow
$4,383 income − $4,248 expenses = $135 cash flow
Investment Breakdown
|
Purchase Price
$415k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$105k
Downpayment
20%
$82,960
Closing costs
1%
$4,148
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,383
Total Expenses
$4,248
Mortgage P&I
48%
$2,104
Property Taxes
12%
$515
Home Insurance
3%
$140
HOA
0%
$0
Property Management
12%
$526
CapEx
4%
$175
Vacancy
3%
$131
Maintenance
4%
$175
Other
11%
$482