This property might be a fair Mid-Term investment with a projected 1.71% first-year return on $101k initial cash invested.
1.71%
Cash On Cash
7.24%
Cap Rate
1.16
DSCR
$4,476
Rent
$144
Cashflow
Cash Flow
$4,476 income − $4,332 expenses = $144 cash flow
Investment Breakdown
|
Purchase Price
$395k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$101k
Downpayment
20%
$79,020
Closing costs
1%
$3,951
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,476
Total Expenses
$4,332
Mortgage P&I
46%
$2,061
Property Taxes
14%
$612
Home Insurance
3%
$138
HOA
0%
$0
Property Management
12%
$537
CapEx
4%
$179
Vacancy
3%
$134
Maintenance
4%
$179
Other
11%
$492