This property might be a fair Mid-Term investment with a projected 2.16% first-year return on $100k initial cash invested.
2.16%
Cash On Cash
7.52%
Cap Rate
1.17
DSCR
$4,278
Rent
$180
Cashflow
Cash Flow
$4,278 income − $4,098 expenses = $180 cash flow
Investment Breakdown
|
Purchase Price
$391k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$100k
Downpayment
20%
$78,240
Closing costs
1%
$3,912
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,278
Total Expenses
$4,098
Mortgage P&I
49%
$2,102
Property Taxes
9%
$402
Home Insurance
3%
$140
HOA
0%
$0
Property Management
12%
$513
CapEx
4%
$171
Vacancy
3%
$128
Maintenance
4%
$171
Other
11%
$471