This property might be a fair Mid-Term investment with a projected 2.06% first-year return on $104k initial cash invested.
2.06%
Cash On Cash
7.26%
Cap Rate
1.16
DSCR
$4,299
Rent
$179
Cashflow
Cash Flow
$4,299 income − $4,120 expenses = $179 cash flow
Investment Breakdown
|
Purchase Price
$411k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$104k
Downpayment
20%
$82,280
Closing costs
1%
$4,114
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,299
Total Expenses
$4,120
Mortgage P&I
50%
$2,137
Property Taxes
9%
$372
Home Insurance
3%
$149
HOA
0%
$0
Property Management
12%
$516
CapEx
4%
$172
Vacancy
3%
$129
Maintenance
4%
$172
Other
11%
$473