This property might be a fair Mid-Term investment with a projected 1.77% first-year return on $103k initial cash invested.
1.77%
Cash On Cash
7.48%
Cap Rate
1.15
DSCR
$4,366
Rent
$152
Cashflow
Cash Flow
$4,366 income − $4,214 expenses = $152 cash flow
Investment Breakdown
|
Purchase Price
$405k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$103k
Downpayment
20%
$81,000
Closing costs
1%
$4,050
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,366
Total Expenses
$4,214
Mortgage P&I
50%
$2,198
Property Taxes
9%
$388
Home Insurance
3%
$143
HOA
0%
$0
Property Management
12%
$524
CapEx
4%
$175
Vacancy
3%
$131
Maintenance
4%
$175
Other
11%
$480