This property might be a fair Mid-Term investment with a projected 1.22% first-year return on $102k initial cash invested.
1.22%
Cash On Cash
7.4%
Cap Rate
1.13
DSCR
$4,299
Rent
$103
Cashflow
Cash Flow
$4,299 income − $4,196 expenses = $103 cash flow
Investment Breakdown
|
Purchase Price
$398k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$102k
Downpayment
20%
$79,580
Closing costs
1%
$3,979
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,299
Total Expenses
$4,196
Mortgage P&I
51%
$2,179
Property Taxes
9%
$397
Home Insurance
4%
$158
HOA
0%
$0
Property Management
12%
$516
CapEx
4%
$172
Vacancy
3%
$129
Maintenance
4%
$172
Other
11%
$473