This property might be a fair Mid-Term investment with a projected 1.84% first-year return on $106k initial cash invested.
1.84%
Cash On Cash
7.52%
Cap Rate
1.15
DSCR
$4,452
Rent
$162
Cashflow
Cash Flow
$4,452 income − $4,290 expenses = $162 cash flow
Investment Breakdown
|
Purchase Price
$418k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$106k
Downpayment
20%
$83,620
Closing costs
1%
$4,181
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,452
Total Expenses
$4,290
Mortgage P&I
51%
$2,281
Property Taxes
8%
$348
Home Insurance
3%
$147
HOA
0%
$0
Property Management
12%
$534
CapEx
4%
$178
Vacancy
3%
$134
Maintenance
4%
$178
Other
11%
$490