This property might be a fair Mid-Term investment with a projected 4.79% first-year return on $102k initial cash invested.
4.79%
Cash On Cash
7.87%
Cap Rate
1.29
DSCR
$4,556
Rent
$407
Cashflow
Cash Flow
$4,556 income − $4,149 expenses = $407 cash flow
Investment Breakdown
|
Purchase Price
$400k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$102k
Downpayment
20%
$79,980
Closing costs
1%
$3,999
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,556
Total Expenses
$4,149
Mortgage P&I
45%
$2,034
Property Taxes
9%
$426
Home Insurance
3%
$140
HOA
0%
$0
Property Management
12%
$547
CapEx
4%
$182
Vacancy
3%
$137
Maintenance
4%
$182
Other
11%
$501