This property might be a fair Mid-Term investment with a projected 4.81% first-year return on $111k initial cash invested.
4.81%
Cash On Cash
8.14%
Cap Rate
1.28
DSCR
$5,266
Rent
$444
Cashflow
Cash Flow
$5,266 income − $4,822 expenses = $444 cash flow
Investment Breakdown
|
Purchase Price
$442k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$111k
Downpayment
20%
$88,380
Closing costs
1%
$4,419
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$5,266
Total Expenses
$4,822
Mortgage P&I
44%
$2,342
Property Taxes
10%
$501
Home Insurance
3%
$158
HOA
1%
$30
Property Management
12%
$632
CapEx
4%
$211
Vacancy
3%
$158
Maintenance
4%
$211
Other
11%
$579