This property might be a fair Mid-Term investment with a projected 5.63% first-year return on $106k initial cash invested.
5.63%
Cash On Cash
8.53%
Cap Rate
1.3
DSCR
$4,614
Rent
$499
Cashflow
Cash Flow
$4,614 income − $4,115 expenses = $499 cash flow
Investment Breakdown
|
Purchase Price
$421k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$106k
Downpayment
20%
$84,100
Closing costs
1%
$4,205
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,614
Total Expenses
$4,115
Mortgage P&I
50%
$2,306
Property Taxes
2%
$87
Home Insurance
3%
$152
HOA
0%
$0
Property Management
12%
$554
CapEx
4%
$185
Vacancy
3%
$138
Maintenance
4%
$185
Other
11%
$508