This property might be a fair Mid-Term investment with a projected 1.18% first-year return on $101k initial cash invested.
1.18%
Cash On Cash
7.45%
Cap Rate
1.13
DSCR
$4,432
Rent
$99
Cashflow
Cash Flow
$4,432 income − $4,333 expenses = $99 cash flow
Investment Breakdown
|
Purchase Price
$395k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$101k
Downpayment
20%
$79,000
Closing costs
1%
$3,950
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,432
Total Expenses
$4,333
Mortgage P&I
49%
$2,177
Property Taxes
12%
$511
Home Insurance
3%
$138
HOA
0%
$0
Property Management
12%
$532
CapEx
4%
$177
Vacancy
3%
$133
Maintenance
4%
$177
Other
11%
$488