This property might be a fair Mid-Term investment with a projected 3.33% first-year return on $111k initial cash invested.
3.33%
Cash On Cash
7.86%
Cap Rate
1.22
DSCR
$5,224
Rent
$308
Cashflow
Cash Flow
$5,224 income − $4,916 expenses = $308 cash flow
Investment Breakdown
|
Purchase Price
$442k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$111k
Downpayment
20%
$88,451
Closing costs
1%
$4,423
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$5,224
Total Expenses
$4,916
Mortgage P&I
46%
$2,380
Property Taxes
9%
$461
Home Insurance
3%
$172
HOA
2%
$126
Property Management
12%
$627
CapEx
4%
$209
Vacancy
3%
$157
Maintenance
4%
$209
Other
11%
$575