This property might be a fair Mid-Term investment with a projected 1.53% first-year return on $101k initial cash invested.
1.53%
Cash On Cash
6.88%
Cap Rate
1.15
DSCR
$4,254
Rent
$128
Cashflow
Cash Flow
$4,254 income − $4,126 expenses = $128 cash flow
Investment Breakdown
|
Purchase Price
$393k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$101k
Downpayment
20%
$78,640
Closing costs
1%
$3,932
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,254
Total Expenses
$4,126
Mortgage P&I
46%
$1,957
Property Taxes
14%
$583
Home Insurance
3%
$140
HOA
0%
$0
Property Management
12%
$510
CapEx
4%
$170
Vacancy
3%
$128
Maintenance
4%
$170
Other
11%
$468