This property might be a fair Mid-Term investment with a projected 5.23% first-year return on $114k initial cash invested.
5.23%
Cash On Cash
8.33%
Cap Rate
1.28
DSCR
$4,965
Rent
$498
Cashflow
Cash Flow
$4,965 income − $4,467 expenses = $498 cash flow
Investment Breakdown
|
Purchase Price
$459k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$114k
Downpayment
20%
$91,740
Closing costs
1%
$4,587
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,965
Total Expenses
$4,467
Mortgage P&I
50%
$2,486
Property Taxes
2%
$114
Home Insurance
3%
$170
HOA
0%
$8
Property Management
12%
$596
CapEx
4%
$199
Vacancy
3%
$149
Maintenance
4%
$199
Other
11%
$546