This property might be a fair Mid-Term investment with a projected 1.42% first-year return on $108k initial cash invested.
1.42%
Cash On Cash
7.43%
Cap Rate
1.13
DSCR
$4,594
Rent
$128
Cashflow
Cash Flow
$4,594 income − $4,466 expenses = $128 cash flow
Investment Breakdown
|
Purchase Price
$429k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$108k
Downpayment
20%
$85,860
Closing costs
1%
$4,293
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,594
Total Expenses
$4,466
Mortgage P&I
51%
$2,345
Property Taxes
5%
$221
Home Insurance
4%
$173
HOA
4%
$165
Property Management
12%
$551
CapEx
4%
$184
Vacancy
3%
$138
Maintenance
4%
$184
Other
11%
$505