This property might be a fair Mid-Term investment with a projected 1.46% first-year return on $100k initial cash invested.
1.46%
Cash On Cash
7.27%
Cap Rate
1.14
DSCR
$4,046
Rent
$122
Cashflow
Cash Flow
$4,046 income − $3,924 expenses = $122 cash flow
Investment Breakdown
|
Purchase Price
$392k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$100k
Downpayment
20%
$78,400
Closing costs
1%
$3,920
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,046
Total Expenses
$3,924
Mortgage P&I
52%
$2,091
Property Taxes
8%
$318
Home Insurance
3%
$139
HOA
0%
$0
Property Management
12%
$486
CapEx
4%
$162
Vacancy
3%
$121
Maintenance
4%
$162
Other
11%
$445