This property might be a fair Mid-Term investment with a projected 1.16% first-year return on $107k initial cash invested.
1.16%
Cash On Cash
7.22%
Cap Rate
1.12
DSCR
$4,350
Rent
$104
Cashflow
Cash Flow
$4,350 income − $4,246 expenses = $104 cash flow
Investment Breakdown
|
Purchase Price
$425k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$107k
Downpayment
20%
$84,980
Closing costs
1%
$4,249
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,350
Total Expenses
$4,246
Mortgage P&I
52%
$2,280
Property Taxes
8%
$339
Home Insurance
3%
$149
HOA
0%
$0
Property Management
12%
$522
CapEx
4%
$174
Vacancy
3%
$130
Maintenance
4%
$174
Other
11%
$478