This property might be a fair Mid-Term investment with a projected 1.52% first-year return on $107k initial cash invested.
1.52%
Cash On Cash
7.58%
Cap Rate
1.14
DSCR
$4,822
Rent
$136
Cashflow
Cash Flow
$4,822 income − $4,686 expenses = $136 cash flow
Investment Breakdown
|
Purchase Price
$425k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$107k
Downpayment
20%
$84,900
Closing costs
1%
$4,245
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,822
Total Expenses
$4,686
Mortgage P&I
49%
$2,351
Property Taxes
11%
$546
Home Insurance
3%
$149
HOA
0%
$0
Property Management
12%
$579
CapEx
4%
$193
Vacancy
3%
$145
Maintenance
4%
$193
Other
11%
$530