This property might be a fair Mid-Term investment with a projected 1.78% first-year return on $104k initial cash invested.
1.78%
Cash On Cash
7.11%
Cap Rate
1.15
DSCR
$3,922
Rent
$155
Cashflow
Cash Flow
$3,922 income − $3,767 expenses = $155 cash flow
Investment Breakdown
|
Purchase Price
$411k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$104k
Downpayment
20%
$82,200
Closing costs
1%
$4,110
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$3,922
Total Expenses
$3,767
Mortgage P&I
54%
$2,123
Property Taxes
4%
$162
Home Insurance
4%
$148
HOA
0%
$0
Property Management
12%
$471
CapEx
4%
$157
Vacancy
3%
$118
Maintenance
4%
$157
Other
11%
$431