This property might be a fair Mid-Term investment with a projected 1.42% first-year return on $108k initial cash invested.
1.42%
Cash On Cash
7.38%
Cap Rate
1.13
DSCR
$4,352
Rent
$127
Cashflow
Cash Flow
$4,352 income − $4,225 expenses = $127 cash flow
Investment Breakdown
|
Purchase Price
$427k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$108k
Downpayment
20%
$85,300
Closing costs
1%
$4,265
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,352
Total Expenses
$4,225
Mortgage P&I
53%
$2,322
Property Taxes
6%
$267
Home Insurance
4%
$156
HOA
0%
$0
Property Management
12%
$522
CapEx
4%
$174
Vacancy
3%
$131
Maintenance
4%
$174
Other
11%
$479