This property might be a fair Mid-Term investment with a projected 3.66% first-year return on $108k initial cash invested.
3.66%
Cash On Cash
8.01%
Cap Rate
1.22
DSCR
$4,926
Rent
$330
Cashflow
Cash Flow
$4,926 income − $4,596 expenses = $330 cash flow
Investment Breakdown
|
Purchase Price
$430k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$108k
Downpayment
20%
$85,960
Closing costs
1%
$4,298
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,926
Total Expenses
$4,596
Mortgage P&I
48%
$2,343
Property Taxes
9%
$455
Home Insurance
3%
$123
HOA
0%
$0
Property Management
12%
$591
CapEx
4%
$197
Vacancy
3%
$148
Maintenance
4%
$197
Other
11%
$542