This property might be a fair Mid-Term investment with a projected 8.01% first-year return on $101k initial cash invested.
8.01%
Cash On Cash
9.27%
Cap Rate
1.4
DSCR
$5,072
Rent
$675
Cashflow
Cash Flow
$5,072 income − $4,397 expenses = $675 cash flow
Investment Breakdown
|
Purchase Price
$396k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$101k
Downpayment
20%
$79,120
Closing costs
1%
$3,956
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$5,072
Total Expenses
$4,397
Mortgage P&I
43%
$2,179
Property Taxes
7%
$349
Home Insurance
3%
$144
HOA
0%
$0
Property Management
12%
$609
CapEx
4%
$203
Vacancy
3%
$152
Maintenance
4%
$203
Other
11%
$558