This property might be a fair Mid-Term investment with a projected 1.85% first-year return on $102k initial cash invested.
1.85%
Cash On Cash
7.76%
Cap Rate
1.15
DSCR
$4,736
Rent
$157
Cashflow
Cash Flow
$4,736 income − $4,579 expenses = $157 cash flow
Investment Breakdown
|
Purchase Price
$400k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$102k
Downpayment
20%
$80,000
Closing costs
1%
$4,000
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,736
Total Expenses
$4,579
Mortgage P&I
47%
$2,241
Property Taxes
12%
$589
Home Insurance
3%
$140
HOA
0%
$0
Property Management
12%
$568
CapEx
4%
$189
Vacancy
3%
$142
Maintenance
4%
$189
Other
11%
$521