This property might be a fair Mid-Term investment with a projected 4.81% first-year return on $102k initial cash invested.
4.81%
Cash On Cash
8.35%
Cap Rate
1.27
DSCR
$4,480
Rent
$411
Cashflow
Cash Flow
$4,480 income − $4,069 expenses = $411 cash flow
Investment Breakdown
|
Purchase Price
$402k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$102k
Downpayment
20%
$80,460
Closing costs
1%
$4,023
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,480
Total Expenses
$4,069
Mortgage P&I
49%
$2,211
Property Taxes
4%
$195
Home Insurance
3%
$140
HOA
0%
$0
Property Management
12%
$538
CapEx
4%
$179
Vacancy
3%
$134
Maintenance
4%
$179
Other
11%
$493