This property might be a fair Mid-Term investment with a projected 3.12% first-year return on $110k initial cash invested.
3.12%
Cash On Cash
7.67%
Cap Rate
1.21
DSCR
$4,858
Rent
$286
Cashflow
Cash Flow
$4,858 income − $4,572 expenses = $286 cash flow
Investment Breakdown
|
Purchase Price
$439k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$110k
Downpayment
20%
$87,740
Closing costs
1%
$4,387
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,858
Total Expenses
$4,572
Mortgage P&I
48%
$2,323
Property Taxes
9%
$444
Home Insurance
3%
$154
HOA
0%
$0
Property Management
12%
$583
CapEx
4%
$194
Vacancy
3%
$146
Maintenance
4%
$194
Other
11%
$534