This property might be a fair Mid-Term investment with a projected 5.18% first-year return on $105k initial cash invested.
5.18%
Cash On Cash
8.44%
Cap Rate
1.28
DSCR
$4,803
Rent
$453
Cashflow
Cash Flow
$4,803 income − $4,350 expenses = $453 cash flow
Investment Breakdown
|
Purchase Price
$414k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$105k
Downpayment
20%
$82,820
Closing costs
1%
$4,141
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,803
Total Expenses
$4,350
Mortgage P&I
47%
$2,269
Property Taxes
6%
$309
Home Insurance
3%
$140
HOA
0%
$0
Property Management
12%
$576
CapEx
4%
$192
Vacancy
3%
$144
Maintenance
4%
$192
Other
11%
$528