This property might be a fair Mid-Term investment with a projected 1.61% first-year return on $112k initial cash invested.
1.61%
Cash On Cash
7.49%
Cap Rate
1.13
DSCR
$4,424
Rent
$151
Cashflow
Cash Flow
$4,424 income − $4,273 expenses = $151 cash flow
Investment Breakdown
|
Purchase Price
$449k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$112k
Downpayment
20%
$89,800
Closing costs
1%
$4,490
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,424
Total Expenses
$4,273
Mortgage P&I
56%
$2,476
Property Taxes
3%
$135
Home Insurance
4%
$157
HOA
0%
$0
Property Management
12%
$531
CapEx
4%
$177
Vacancy
3%
$133
Maintenance
4%
$177
Other
11%
$487